Maputo, Mozambique — 13 November 2012 – AMG Mining AG “’ a subsidiary of the Netherlands-based Advanced Metallurgical Group (AMG) “’ plans to quarry for graphite in the Ancuabe district of the northern Mozambican province of Cabo Delgado.
Macauhub News Agency quoted a statement released here, in which the company said it had obtained a 15-year concession to mine in the Ancuabe district.
The concession area has a graphite quarry and a processing unit. AMG Mining plans to re-open the facility, which stopped operating in 1999 due high production costs at the time.
Jonathan Costello, one of the group’s vice presidents, said it expected to produce 6,000tpa of graphite at peak production.
Ancuabe graphite became the focus of renewed interest two years ago when the district was linked to the national power grid. This made quarrying more viable than when production was based on high cost diesel generators.
Source: Macauhub News Agency. For more information, click here.