JASVENTURE- Yes relatively similiar conversations to...

JASVENTURE- Yes relatively similiar conversations to VRC/MNS/KLN/SYR etc (All Tanzania) and Tanzania is where its at for some good grades and deposit sizes so its all about which one s you prefer
And not to forget that graphite is 7/8 times more requirement than lithium in battery cells and even Elon Musk suggested they should be called graphite/iron batteries - not lithium-iron here which is good IMO

Recap - good to see our costs are the lowest in Tanzania"The Study returned conceptual cash operating costs of US$458/t, indicating lowest cash costs in Tanzania" our TGC grades are excellent 10%+  BKT is in very good shape IMO


A global resource of 131 million tonnes at 7.9% TGC holds 10.4Mt of contained graphite. This extensive resource contains a high-grade portion of 37.6Mt @10.2% TGC, or 16.7Mt @11.1% TGC.

Metallurgical test work indicates excellent flake size and quality with up to 99.1% TGC concentrates produced from a simple four stage flotation process. This provides potential to manufacture battery grade spherical graphite without the expense and environmental impact of a final chemical purification step.

The large resource with high-grade zones, high proportion of coarse flake and potential to produce exceptionally high purity coarse graphite flake offers flexibility to develop a long life mine that can supply high quality graphite products to customers for decades.

Our Focus

• Developing the Mahenge Project into a long-life producing asset
• Develop downstream value-added processing capabilities
• Leverage our exploration capabilities to discover and develop new assets

Technical Studies

Scoping and Pre Feasibility Studies
The Company completed and reported its Scoping Study Report on 22 March 2016.
Key assumptions and findings for the Scoping Study were:
• 52,000 tpa concentrate production from 500,000tpa feed
• Concentrate shipped by road to the port of Dar Es Salaam
• Capex US$57.3m
• The Study returned conceptual cash operating costs of US$458/t, indicating lowest cash costs in Tanzania
• More detail can be found in the Scoping Study announcement dated 22 March 2016
Based on the positive conceptual economics from the Scoping Study, a Pre Feasibility Study commissioned and results are expected in late August to early September.
Parameters are for 50,000 tpa concentrate production as a base case project with 25,000 tpa expansion capacity or by adding a second processing train of 50,000tpa then achieving 100,000tpa concentrate capacity.