NextSource begins purchasing processing plant equipment for Molo

NextSource Materials has announced that it has started sourcing supplies for its Molo graphite mine in Madagascar, ahead of mine construction scheduled for August 2021 and commissioning of the mine in April 2022.

Since securing funding from its new strategic investor, Vision Blue Resources Limited, the company has worked diligently with its EPC (Engineering, Procurement and Construction) company to complete all engineering design preparation work and final cost estimates for the project.

Purchase orders have now been placed for the following essential processing plant equipment:

  • Primary, flash flotation and attrition mills
  • Flotation columns and cleaning circuits
  • Screeners, crushers and feeders

Manufacturing and construction of the Molo graphite mine is proceeding as planned, with commissioning scheduled for April 2022. The processing plant is designed to process 240,000 tpa of ore and produce approximately 17,000 tpa of concentrate. High quality SuperFlake graphite.

Construction activities on the mine site are expected to begin in August 2021. Plant equipment is expected to begin arriving in Madagascar in the fourth quarter of 2021, followed by site installation in the first quarter of 2022.

Mine commissioning is expected to begin in April 2022, followed by ramp-up to a Phase 1 processing plant capacity of 240,000 tpa of ore producing approximately 17,000 tpa of SuperFlake graphite concentrate. High quality.

President and CEO Craig Scherba comments:

“We have reached another milestone with the purchase of key items that will form the backbone of the Molo processing plant. This is a testament to the hard work and diligence of our technical team. “

Leon E. Hill

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