Posted in | News | Mining Business

NextSource Materials Receives Mining License for Molo Graphite Project in Madagascar

Feb 18 2019

NextSource Materials Inc. (“NextSource” or “the Company”),  is pleased to announce that the Madagascar Government has granted a 40-year mining license for the Molo Graphite Project.

The mining license does not limit mining to any specific volume, so the Company will be able to produce as much SuperFlake® graphite concentrate as market demand requires.

Craig Scherba, P.Geo., President and CEO of NextSource commented:

With the receipt of the mining permit, the Company can now implement the final steps in our mine development schedule towards achieving production in early 2020. Madagascar has always been renowned globally for the quality of its graphite, and our Molo project will vault Madagascar to one of the largest producing regions of high-quality flake graphite in the world.

Source: http://www.nextsourcematerials.com/posts/nextsource-materials-inc-granted-mining-permit-for-molo-graphite-project-in-madagascar/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback