Black Rock Mining Limited (ASX:BKT) is focused on developing its Mahenge Graphite Project, which holds the largest high-grade flake graphite resource in Tanzania and is one of the largest contained graphite resources in the World. The Mahenge Project is undergoing a Pre Feasibility Study (PFS) which is due for completion in October/November 2016, following positive scoping study results earlier in the year.
A global resource of 131 million tonnes at 7.9% TGC holds 10.4Mt of contained graphite. This extensive resource contains a high-grade portion of 37.6Mt @10.2% TGC, or 16.7Mt @11.1% TGC.
Metallurgical test work indicates excellent flake size and quality with up to 99.1% TGC concentrates produced from a simple four stage flotation process. This provides potential to manufacture battery grade spherical graphite without the expense and environmental impact of a final chemical purification step.
The large resource with high-grade zones, high proportion of coarse flake and potential to produce exceptionally high purity coarse graphite flake offers flexibility to develop a long life mine that can supply high quality graphite products to customers for decades.
• Developing the Mahenge Project into a long-life producing asset
• Develop downstream value-added processing capabilities
• Leverage our exploration capabilities to discover and develop new assets