Posts Tagged ‘Supply agreement’

ASX Company News: Vmoto Enters German Manufacturing and Supply Agreement

Thursday, November 8th, 2012

Vmoto Limited (VMT), a global scooter manufacturing and distribution group specialising in high quality “green” electric powered scooters, is pleased to announce that it has signed an exclusive manufacturing and supply agreement with E-Tropolis GmbH in Germany.

E-Tropolis is a prestigious electric vehicle company based in Germany and is engaged in marketing, distributing and selling electric scooters, electric bicycles and solar carport system worldwide and is part of a large Solar Business Group in Germany. It has a clear aim of “zero emissions” and currently has 4 models of electric scooter available in the market through its dealership network in Germany, Italy, Spain, United Kingdom, Netherlands, Belgium, France, Bulgaria, Hungary, Czech Republic and Switzerland.

Charles Chen, Managing Director of Vmoto, commented: “This agreement with E-tropolis is another significant marketing and dollar contract for Vmoto and just goes to emphasise yet again our competitive edge when it comes to tender for new business. The discussions with E-Tropolis have been ongoing for some time and the two groups have worked closely together to ensure the standard and quality of electric scooters to be produced match E-tropolis’ high standards for their customers. We look forward to a long and successful relationship with them.”

Vmoto is a global scooter manufacturing and distribution group. The Company specialises in high quality “green” electric powered scooters and manufactures a range of western designed electric (and some petrol) scooters from its low cost manufacturing facilities in Nanjing, China, marketed in Europe through its operation in Barcelona, Spain and marketed outside Europe through its operations in Australia. Vmoto combines low cost Chinese manufacturing capabilities with European design. The group operates through two primary brands: Vmoto (aimed at the value market in Asia) and E-Max (targeting the Western markets, with a premium end product). As well as operating under its own brands, the Company also sells to a number of customers on an original equipment manufacturer (“OEM”) basis.

www.vmoto.com

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ASX Company News: Continental Coal Secures Coal Supply Agreement

Wednesday, March 7th, 2012

Continental Coal Limited (CCC) is pleased to announce that Ntshovelo Mining Resources (Proprietary) Limited (“Ntshovelo”), the joint venture entity that operates the Vlakvarkfontein Coal Mine has executed a Coal Supply Agreement with South Africa’s state utility company, Eskom. The agreement is for the supply of 720,000 tpa of thermal coal of quality suitable for some of Eskom’s power stations, over an initial 3 year period commencing 1 March 2012. The Coal Supply Agreement with Eskom, one of the top 20 utilities in the world by power generation capacity and who generate approx 95% of the electricity used in South Africa and approx 45% of the electricity used in Africa, is a major step forward for the Vlakvarkfontein Coal Mine, which now becomes one of only 25 direct suppliers of coal to Eskom in South Africa.

At the signing, Kiren Maharaj, welcomed the team from Ntshovelo, stating: “We welcome Ntshovelo as a new direct supplier to Eskom and look forward to building a strong strategic partnership with Ntshovelo”. “Both the teams from Eskom and Ntshovelo worked well together to bring about this day of signing” Mrs Maharaj added: “Eskom’s need from suppliers like yourselves will grow significantly in the next 10 year planning horizon, with a good deal of the coal being conveyed by rail to Eskom’s power stations.”

Continental Coal Limited (CCC) is a coal mining investment and production company. Its principal investment is a 74% interest in a South African thermal coal producer with a portfolio of projects located in South Africa’s major coal fields including two operating mines, the Vlakvarkfontein and Ferreira Coal Mines, producing 2Mtpa of thermal coal for the export and domestic markets.

www.conticoal.com

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ASX Company News: Warnambool Cheese Signs Supply Deal With Coles

Friday, January 20th, 2012

Warrnambool Cheese and Butter (WCB) announces the signing of a Heads of Agreement for a five year deal to supply dairy products to Coles Supermarkets under a new consumer brand. The new look consumer brand, Great Ocean Road, will be sold exclusively through Coles stores across Australia and includes a range of high quality cheddar cheeses and fresh milk products. WCB and Coles Supermarkets will now work together to formalise the Heads of Agreement into a five year supply contract.

Under the supply contract WCB will supply a minimum of 4,000 tonnes of quality cheddar cheese per year under the Great Ocean Road brand commencing in May 2012. WCB will also supply a range of fresh milk products into Coles Victorian stores under the new brand. The new deal signals a strategic relationship which is beneficial for both partners. Under the five year agreement, WCB will continue to build its branded consumer product business in cheese and other dairy products. WCB estimates the Great Ocean Road brand will require an additional 50 million litres of milk from dairy farmers each year for the five years of the contract. This will require additional production which means new investment and jobs for the region.

www.wcbf.com.au

http://www.traderdealer.com.au/fundamentals/wcb

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ASX Company News: Korab Resources Signs Phosphate Supply Agreements

Sunday, July 31st, 2011

Korab Resources (KOR), an Australian resource development and exploration company is very pleased to advise that Korab and it’s wholly owned subsidiary Geolsec Phosphate Operations P/L have been approached by a major trading house in relation to securing off-take agreements for supply of 150,000 tonnes per annum of Geolsec Organic Phosphate. The company seeking to secure the 150,000 tpa off-take from Geolsec is one of the largest Japanese general trading companies (sōgō shōsha) with an annual turnover of US$129 Billion and with interests in food products, food materials, forest products, chemicals, energy, metals, minerals, power, infrastructure, finance, logistics, IT business, transportation, plant & industrial machinery and real estate. The second aim of their approach to Korab is to explore potential for a partnership to develop and/or expand Korab’s Batchelor project’s production capacity.

Korab Resources Ltd is an Australian mining and exploration company based in Perth with operations in Australia and Europe. Korab’s quarrying and mining projects include rock phosphate and magnesium. The company also manages polymetallic exploration projects at Ashburton Downs and Tucker Creek in Western Australia and at Rum Jungle in the Northern Territory.

www.korabresources.com.au

http://www.traderdealer.com.au/fundamentals/kor

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