Effective from April 19, Madagascar-focused graphite project developer Energizer Resources will rebrand to NextSource Materials in an effort to better reflect the company’s evolution from an exploration-stage company into a mine-development company.
Management also believes the new name will better reflect its 100%-ownership of the separate and stand-alone graphite and vanadium deposits, the Molo and Green Giant projects, respectively, both of which the company considers as strategic ‘energy minerals’ for batteries for the electric vehicle and large-scale energy storage markets.