Premium Graphite Developer
Naturally Better Graphite
Developing the world-class Mahenge Graphite Project in Tanzania, home to a large-scale graphite resource with the potential to support decades of production and meet the growing global demand for natural graphite.
Mahenge Graphite Project
The Mahenge Graphite Project has one of the largest graphite Resources in the world and the 2nd largest Graphite Ore Reserve (JORC-2012).


Sustainable Graphite
Critical supplier of low-carbon battery materials contributing to the decarbonisation of transport and electricity sectors worldwide.
Mahenge Graphite Project Economics
The Mahenge Graphite Project has been engineered to deliver attractive margins through a combination of premium product, low operating costs and disciplined capital deployment.
US$730m
NPV8% real post tax, post 16% FC
23%
Post-tax, ungeared IRR
89ktpa
Module 1 production (1mtpa)
US$231m
Module 1 capex + power line

Graphite Market
The Mahenge Graphite Project can produce three grades of product which provides the capacity to switch to higher quality product to achieve pricing premiums.