Black Rock Mining has registered interest from potential European and Asian partners who want to collaborate on its battery grade flake graphite at the Mahenge project in Tanzania.
The company has seen international interest in the project that has led to several meetings with potential partners.
The interest in Mahenge’s graphite concentrate come as a consequence of good metallurgical results.
Alongside the 99.1% purity tests achieved from the previous Ulanzi bilk sample, this means 99% purity can be achieved from both oxide and fresh portions of Ulanzi and Epanko North.
The results have been achieved using a conventional flotation circuit, which allows for a product to be manufactured using spherical graphite without the cost and environmental impact of chemical purification.
The results have led to a number of new enquiries with discussions expected to advance over the coming months.
The company presented to energy storage technology executives at the Benchmark Minerals World Tour in London and Dresden, Germany, which focused on the lithium-ion battery supply chain. They also visited big graphite customers in Japan and Korea, and large global manufacturers of lithium-ion battery cells.
Black Rock Mining Managing Director Steven Tambanis said: “We will continue to follow our strategy to supply the value-added spherical and expandable graphite markets while pursuing in parallel other markets to facilitate project development.”
Black Mining Rock shares are up 140% in the last three months.