Our project portfolio includes one of the world’s largest flake graphite/vanadium deposits and industry leading flake size, purity, distribution and significant potential exploration upside.
Since acquiring our Mozambique projects in 2014 we have significantly extended the mine life and grown our resources base. We are currently focused bringing our flagship Upulo (Ancuabe) graphite project to development.
The completion of the Definitive Feasibility Study (DFS) in December 2017, confirmed robust economics and a high quality, high margin graphite project with a long mine life.
In May 2019, the Mozambique Minister of Energy and Natural Resources, granted the mining concession for the Ancuabe Project.
Our Cabo Delgado projects are 100% owned through subsidiary Grafex Limitada (Grafex).