NextSource Materials has announced it has commenced procurement for its Molo graphite mine in Madagascar, ahead of expected mine construction in August 2021 and mine commissioning in April 2022.
Since securing a funding package from its new strategic investor, Vision Blue Resources Limited, the Company has been working diligently with its EPC (engineering, procurement and construction) firm to complete all engineering design preparation work and final project costing estimates.
Purchase orders have now been placed for the following essential processing plant equipment:
- Primary, flash flotation and attrition mills
- Flotation columns and cleaning circuits
- Screeners, crusher and feeders
The fabrication and construction of the Molo graphite mine is on schedule, with commissioning targeted for April 2022. The processing plant is designed to process 240,000 tpa of ore, and produce approximately 17,000 tpa of high-quality SuperFlake graphite concentrate.
Mine-site construction activities are scheduled to begin in August 2021. The plant equipment is expected to begin arriving in Madagascar in Q4 2021 followed by site installation in Q1 2022.
Mine commissioning is expected to begin in April 2022, followed by a ramp up to a Phase 1 processing plant capacity of 240,000 tpa of ore producing approximately 17,000 tpa of high-quality SuperFlake graphite concentrate.
President and CEO, Craig Scherba comments:
“We have reached yet another key milestone with the procurement of key items that will form the backbone of the Molo processing plant. This is a testament to the hard work and diligence of our technical team.”