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.
"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."
“Given the positive outlook for the graphite market we are very keen to determine if we can produce a commercially acceptable product.”
“The Lindi Jumbo Mine is rapidly materialising and on track for first production in the second quarter of 2022. " - Allan Mulligan
Tirupati has engaged the corporate securities law firm of Galanopoulos & Company to act as its OTC Markets Sponsor.
The progress at Vidalia and its vertical integration with Balama is a value proposition to Governments, auto OEMs and battery manufacturers.
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.
“Evolution has attracted three directors with significant graphite development, construction and marketing expertise."