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.