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Black Rock Mining's Mahenge Graphite Project has been granted mining permits

Black Rock Mining Ltd (ASX:BKT) chief executive officer John de Vries tells Proactive Investors that the granting of two contiguous mining licenses for the Mahenge Graphite Mine in Tanzania represents, "A really important milestone... the end of the principal permitting stage of the project; and from now on [the company] just moves forward with detailed engineering work and financing."

Black Rock will be running a pilot plant in China in order to prove the flow sheet and the quality of the end product to potential offtakers.

"We're still confident that towards the end of 2020 we'll start seeing the first product of the world's best graphite concentrate hit the market," says de Vries.

Quick facts: Black Rock Mining Ltd

Price: 0.055 AUD

Market: ASX
Market Cap: $34.59 m

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Black Rock Mining agrees MOU with major Korean industrial group for Mahenge...

Black Rock Mining Ltd's (ASX:BKT) managing director and CEO John de Vries speaks to Proactive's Andrew Scott after signing a non-binding Memorandum of Understanding (MOU) with major Korean industrial group POSCO to form a strategic alliance and development relationship for the Mahenge Graphite...

3 weeks, 3 days ago

2 min read