said May 3 that itsigned a nonbinding memorandum of understanding with Shanxi Jianbang Group Co. Ltd.to study the use of the company's graphite and graphene in the latter's steel products.

Shanxi Jianbangseeks to determine whether Anson's graphite is suitable as a re-carburizer in itscast iron products and refractory materials, according to the statement.

Anson owns andoperates the Ajanagraphite project in Western Australia.