NextSource Materials Inc T.NEXT

Decline Set For China's Graphite

[goldennorth]

China currently accounts for 70% of global output of graphite, which is used to make electric battery anodes, the negatively changed portion of the battery. Automakers must remove from all, graphite like minerals used in electrolyte salts, binders, and additives by 2027. Graphite demand will come from North America and outside China.

https://auto.economictimes.indiatimes.com/news/auto-components/automakers-win-extension-on-use-of-chinese-graphite-in-ev-tax-credits/109832780

Location

Fotadrevo, Madagascar

Ownership

100%

Life of Mine

30 years (modeled)

Mining

Simple open pit mining, very low strip ratio

Processing

Standard – comprises crushing, grinding, flotation, drying, screening, bagging

Plant capacity

Phase 1 (years 1&2): 240,000 tpa of ore – ~17,000 tpa
Phase 2 (year 3): 2,500,000 tpa of ore – ~150,000 tpa

Product

96% to 98% fixed carbon SuperFlake® concentrate

Power

Hybridized Solar-Thermal Energy

Location

Fotadrevo, Madagascar

Ownership

100%

Life of Mine

30 years (modeled)

Mining

Simple open pit mining, very low strip ratio

Processing

Standard – comprises crushing, grinding, flotation, drying, screening, bagging

Plant capacity

Phase 1 (years 1&2): 240,000 tpa of ore – ~17,000 tpa
Phase 2 (year 3): 2,500,000 tpa of ore – ~150,000 tpa

Product

96% to 98% fixed carbon SuperFlake® concentrate

Power

Hybridized Solar-Thermal Energy

MOLO GRAPHITE MINERAL RESERVES AND RESOURCES