NextSource completes processing plant construction at Madagascar project
Canada-based company NextSource Materials says construction of the processing plant and mining camp for its Molo graphite mine, in Madagascar, is now complete, with the entire mining fleet on site.
“We are now entering the final stages of development of Phase 1 and are fast approaching first production. We look forward to providing a more detailed update as we progress through commissioning,” says CEO Craig Scherba.
Electrical interconnections between plant modules are in progress, which will be followed by commissioning and the start of mining activities. Plant commissioning will be followed by a ramp-up period of up to three months prior to achieving commercial production.
Phase 1 of the mine is designed to process 240 000 t/y of ore, resulting in a nameplate production capacity of 17 000 t/y of flake graphite.
NextSource is a battery materials development company that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.
Its Molo graphite project in Madagascar is one of the largest known and highest-quality projects globally, and the only one with SuperFlake graphite.
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