https://www.miningweekly.com

Caula to produce by 2019 – Mustang

15th March 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – A strategic review into the Caula graphite and vanadium project, in Mozambique, has found that the project could produce its first product by mid-2019.

ASX-listed Mustang Resources told shareholders that the review also established that the Stage 1 Caula project would produce vanadium concentrate, which can be either sold or stockpiled for further processing to high purity vanadium products as part of Stage 2.

The Stage 1 operation is expected to produce some 100 000 t/y of ore, delivering between 10 000 t/y and 15 000 t/y of high-grade graphite concentrate, with the graphite plant being designed to allow future incorporation of all processing equipment into a larger Stage 2 graphite plant.

The Stage 2 operation will deliver between 300 000 t/y and 600 000 t/y of ore, with a large, full-scale processing plant delivering between 50 000 t/y to 75 000 t/y of high-grade graphite concentrate.

With a hypothetical ore grade of 0.4% vanadium pentoxide, a 600 000 t/y operation could produce about 2 000 t/y of vanadium pentoxide with a current market value of around $60-million a year.

The review was conducted alongside a concept study, which is set for completion by the second quarter of this year.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 0.294s - 111pq - 2rq
Subscribe Now