ASX-listed Walkabout Resources has advised that its Lindi Jumbo graphite mine, in Tanzania, is on track for dry commissioning in the last quarter of this year.
This comes as China’s graphite export restrictions present an opportunity for Walkabout to enter new markets and benefit from positive price momentum.
CEO and MD Andrew Cunningham says the construction team at the mine has made significant progress in delivering the project on schedule, while maintaining an impeccable safety record.
“Coming online in early 2024 – soon after Chinese export restrictions come into play –Lindi Jumbo will as the largest producer of large flake graphite for the expandable graphite market outside China. The mine poised to provide the assurance of supply that currently hangs in the balance elsewhere,” he adds.
Lindi Jumbo will supply 40 000 t/y of premium natural flake graphite to international markets.