RE:RE:RE:Question https://www.nextgraphite.com/news/press-releases/detail/220/correction-next-graphite-announces-jv-partners-closing-of
https://www.nextgraphite.com/news/press-releases/detail/221/next-graphite-announces-strong-year-end-update-aukam-plant
https://investorintel.com/sectors/technology-metals/technology-metals-intel/finalists-gather-race-graphite-production/
https://ceo.ca/@newsfile/ckr-announces-signing-of-graphite-supply-agreement
The renewed license covers an area of 27,870 hectares (278.7 square kilometers) An east-west trending shear zone cuts through the property and is traceable on surface for about 400 metres before disappearing under cover, but which an historical report indicates may extend for four kilometres. . "That triggers the final Phase 4 and construction of our new processing facility, when revenue per ton will increase from approximately $400 (unprocessed graphite) to approximately $3,000 (high quality processed graphite). We are committed to stay on our timetable to fulfill orders for the JV's 10 year supply agreement announced October 10, as well as other anticipated orders." Next Graphite The Company anticipates revenue from our existing inventory of unprocessed graphite to commence in the third quarter of 2016, based on a recent Letter of Intent to initially purchase 5,000 tonnes of graphite. This sale of unprocessed graphite from our site will precede the Company going into production of its high-grade, processed lump graphite in 2017-18. The stage was set for this on-site production when the Company entered into a joint venture agreement in 2015 with a seasoned mining partner committed to building and paying for a graphite processing circuit facility at Aukam. Construction is scheduled to commence the first quarter 2017. Production of high-grade processed graphite could begin as early as the end of 2017
Next Graphite is also pleased to announce that it's Aukam Graphite Mine JV has agreed to acquire 100% of the total issued share capital of Ludbay Properties (PTY) Ltd ("Ludbay"). Ludbay is a private Namibian company, the only asset of which are buildings and property on tidewater in the town of Luderitz, the closest port to the Aukam Graphite Mine. The property covers 6,564 square meters and contains three buildings: a large warehouse, a double garage with six storerooms/workshops and a single garage with two offices and a storeroom. The JV intends to use the warehouse for the processing and packaging of graphite from the Aukam Graphite Mine. The property gives the JV waterfront access to the Port of Luderitz and to container facilities enabling direct delivery to ports in Europe, Asia and North America. Traditionally dominated by diamond mining and fisheries, the Port of Luderitz in Namibia has recently expanded its facilities to meet the demands of modern industries including mineral development and oil and gas production. Recent upgrades include a 500m long quay providing cargo handling and container facilities and a new mobile harbour crane that can handle containers and break-bulk cargo up to 64 tonnes. In recent years, the port has handled over 300,000 tonnes of cargo and had 900 to 1,000 vessel visits each year. Transit time to Hamburg, Germany is approximately 19 days. Bream went on to say, "We are excited that our JV is acquiring tidewater property in the closest port to Aukam, as it gives us direct access to ship graphite to potential markets in Europe, Asia and North America."
This should answer a lot of the questions being asked on this board lately... I found this on the ceo.ca board, obviously do your own DD however... HUGE Things coming IMO