Motequez proves up for Metals of Africa

February 9, 2016

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A concept study into ASX-listed Metals of Africa’s Motequez graphite project, in Mozambique, has estimated that the project could deliver up to 100 000 t of graphite concentrate a year, for a capital investment of $166-million.

Based on a processing rate of 1.2-million tonnes a year, the project was expected to have a mine life of over 60-years. The project currently had a mineral resource estimate of 61.6-million tonnes, for 6.3-million tonnes of contained graphite.

Category: General