02
Mar
15:31
GRAPHITE: NextSource Materials releases favourable PEA on Molo Mine expansion
NextSource Materials says a preliminary economic assessment for an enhanced Phase 2 expansion of its Molo graphite mine in southern Madagascar shows strong economics, Kallanish reports.
The PEA looked at enhanced Phase 2 expansion consisting of a stand-alone processing plant with a production capacity of 150,000 tonnes/year of flake graphite concentrate over a life of mine of 26 years. The PEA says capital costs to construct the processing plant would be $155.8 mi…
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