Elate Holdings Limited Announces Repayment Agreement With Aspect Group Limited for Graphite Ore
Elate Holdings Limited has announced a repayment agreement with Aspect Group Limited (AGL) regarding sold graphite ore. Due to political instability in Madagascar, the Company declined AGL's suggestion to return unpaid ore. Instead, they agreed on a repayment plan effective October 16, 2025, utilizing all collateral held by Elate to settle the payment. Both parties will continue their trading relationship in graphite products.
Elate Holdings Limited has announced an update regarding the repayment of sold graphite ore to Aspect Group Limited (AGL). Due to ongoing political instability in Madagascar, including a recent coup d’état and the establishment of a transitional military government, the Company declined AGL’s suggestion to return the unpaid graphite ore. Instead, both parties reached a repayment agreement on 16 October 2025, under which all collateral held by the Company in relation to AGL will be used to settle the payment. The Company and AGL agreed to continue their graphite products trading relationship in the future. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elate Holdings Limited published the original content used to generate this news brief on October 16, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
