Tanzania, once pinned as a destination of choice for juniors far and wide, took a turn for the worse when legislation changes some years back and a heavy dispute with Acacia over tax claims saw investors turn their attention to other jurisdictions.
It covers a method using PGM catalysts in carbon materials for use as cathodes with increased emphasis on Lithium Sulphur Batteries.
“The Far East hosts extensive industrial and speciality graphite markets, which imports almost all of its graphite primarily from China."
This is a significant increase from the company’s 2019 feasibility study that considered a Phase 2 capacity of only 45 000 tpa.
"Our commitment to this vision has taken us to this important moment, not only for us, but for the global mining industry as a whole."
Tirupati Graphite has set itself the ambitious target to meet 100% of the power requirements for its Madagascan projects using hydropower.
"Thanks to Joe Biden, uranium’s coiled spring status is now drawing in more devotees by the day." - Barry FitzGerald
“Given the positive outlook for the graphite market we are very keen to determine if we can produce a commercially acceptable product.”