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NextSource Materials Inc T.NEXT

Alternate Symbol(s):  NSRCF

NextSource Materials Inc. is a Canada-based battery materials development company. The Company is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Company’s principal business is the development of the Molo Graphite Mine (the Molo Mine) located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Mine has a production capacity of 150,000 tons per annum (tpa) of SuperFlake graphite concentrate. The Company is also developing a downstream graphite value-added business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers. It also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.


TSX:NEXT - Post by User

Comment by Gorilladome47on Mar 11, 2024 10:11am
282 Views
Post# 35926220

RE:Cheap With Great Potential.

RE:Cheap With Great Potential.ALSO in one of the worlds worst AK47 countries to do business wise....political instability on full display.  The deposit is ALSO is non IRA qualifying so say good bye to North American market....ouch.   

I do really like the deposit your right, but it's not the same deposit valuation wise since the IRA came out.  That changed everyrhing and now you must be looking for NA deposits, mines ... Africa is too risky to invest a billion dollars etc....china owns half of Africa...wanna do business with the Chinese, no thank you.  

Great deposit, wrong jurisdiction.  


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