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Metals of Africa declares maiden resource at Balama Central

ASX-listed junior Metals of Africa has defined a maiden mineral resource of 16.3-million tonnes at its Balama Central project, in Mozambique.

Grading 10.4% total graphitic carbon and 0.21% vanadium oxide, the project is estimated to contain some 1.7-million tonnes of graphite and 34 000 t vanadium oxide.