Tests Prove Tanzania Graphite High Quality
Australian
graphite developer Kibaran Resources (ASX:KNL) announced that latest tests
prove the high quality and commercial value of graphite from its Epanko project
in Tanzania.
The tests
further indicate that the Epanko graphite is suitable for usage in cutting-edge
technologies.
“These
results are important because not only will they help determine optimum
processing routes, but they will also assist in maximizing sales prices,”
Kibaran’s press release indicates. “They will also help underpin studies to
expand Epanko’s planned production capacity by 50% to 60,000 tonnes a year of
graphite concentrate.
” Kibaran
recently started studies on expanding the production capacity of the Epanko
Graphite Project by 50% from 40,000 tons per annum (tpa) of graphite
concentrate to 60,000tpa. Kibaran decided to start the expansion studies after
securing binding agreements covering all of the project’s 40,000tpa forecasted
production.
Kibaran already has binding agreements for
20,000tpa with German company ThyssenKrupp, 10,000tpa with European graphite
trader and 14,000tpa with Japanese trading giant Sojitz. Tanzania Graphite
Tanzania’s
largest graphite deposits are located in the central and east southern regions
of the country.
Graphite
discoveries in Tanzania come mainly from Australia based graphite developers,
Magnis Resources (ASX:MNS), Volt Resources (ASX:VRC) and Kibaran Resources
(ASX:KNL).
0 comments:
Post a Comment