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Black Rock Mining Ltd

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: $0.07

Market: ASX
Market Cap: $40.47 m
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Black Rock Mining adds fourth module to enhance graphite project DFS and...

Black Rock Mining Limited (ASX:BKT) chief executive officer John de Vries updates Proactive Investors on its enhanced Mahenge Graphite Project definitive feasibility study (DFS) which includes a fourth module to improve project metrics. The CEO says the eDFS brings together a number of...

on 29/7/19

2 min read