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NextSource feasibility update outlines optimistic Molo economics at current graphite prices

Canadian graphite project developer NextSource Materials has published the results of an updated feasibility study (FS) for its flagship Molo graphite project, in Madagascar, outlining positive economics despite current depressed carbon prices.

Toronto-based NextSource (previously Energizer Resources) based the updated FS on front end engineering and design (FEED), and detailed engineering studies, as opposed to a basic engineering study, giving more weight to the study’s overall results.