The final investment decision to proceed with development of the Toliara Project in Madagascar has been delayed.
The acquisition will create a new London Stock Exchange listed gold producer in East Africa called Caracal Gold.
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"This takes us one step further towards our goal of increasing capacity in Madagascar to 30,000 tpa by Q1 2022 and 84,000 tpa by 2024."
Rockwell Automation's Pavilion8® Model Predictive Control increases throughput, lowers reagents consumption, improves recovery, optimises water and energy usage and improves process stability.
"The green economy applications for our graphite products provides us the opportunity to play a role in efforts to reduce carbon emissions."
The 80/20 Joint Venture is a partnership between Africa Underground Mining Services Tanzania and Geofields Tanzania.
"We have an opportunity to build relationships and obtain access to capital to support the expansion and product development plans."
“This collaboration partners us with prominent processors and suppliers of graphite anode material to the Tesla supply chain."