Operating, optimising and expanding the Graphmada large flake graphite mine in Madagascar
ONLY ASX LISTED GRAPHITE PRODUCER
One of only five publically listed graphite producers in the world and the only Australian ASX listed graphite producer.
ASSET PURCHASED AT MATERIAL DISCOUNT
Graphmada graphite mine purchased for ~A$5 million, having previously sold for ~A$50 million, with an additional ~A$16 million invested by previous owners.
40 YEAR LONG LIFE LOW MINING COST OPERATIONS
40 year mining permits in place, containing four premium quality, large flake, graphite deposits hosted in weathered graphitic gneiss, a soft, easily minable rock that incurs low mining costs.
REVENUE GENERATING ASSET IN GROWTH MARKET
With all associated mining infrastructure and logistics in place, the mine currently produces and sells a range of graphite concentrates into multiple high growth market segments, to customers in India, the United States and Europe.
PRODUCTION VOLUME GROWTH THROUGH OPTIMISATION
Optimisation program underway, targeting lower operating costs, production volume growth and premium concentrate grades.
EXPANSION PLANS BEING IMPLEMENTED
Drilling to materially grow existing resource inventories, with plans for a second processing plant to significantly expand production.
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