Black Rock Mining
ASX-listed Tanzanian graphite developer Black Rock Mining has progressed formal negotiations to resolve the structure and nature of the 16% free-carried interest with the Tanzanian government.
Tanzanian graphite project developer Black Rock Mining has executed a non-binding co-operation framework agreement with major Chinese infrastructure contractor, China Railway Seventh Group for its Mahenge graphite project in Tanzania.
Tanzania’s investment status took a knock as a result of regulatory upheaval and the industry suffered development setbacks - including graphite projects.
Mahenge graphite mine will come to market at a time of growing demand for energy storage and expanded graphite consumption.
ASX-listed Tanzanian graphite developer Black Rock Mining has signed off its third offtake agreement for natural flake graphite from its Mahenge Graphite Mine in Tanzania.
ASX-listed Black Rock Mining has taken a careful and strategic approach to the advancement and development of its “world-class” 100% owned Mahange graphite project in Tanzania.
The government of Tanzania recently established a Mining Commission in accordance with its new Mining Act. This means that the government can reinstate the issuing of mining licences following the enforcing of a copper and gold concentrate ban and some draconian amendments to mining policy and legislation.