An updated bankable feasibility study (BFS) for the Epanko graphite project, in Tanzania, has showed that the increased production rate of 60 000 t/y would require a capital investment of $88.9-million.
The BFS estimated that the project will have a pre-tax net present value of $211-million and an internal rate of return of 38.9%, delivering yearly earnings before interest, tax, depreciation and amortisation of $44.5-million.
