NextSource Updates Molo Graphite Mine Feasibility Study in Madagascar
Author: The Northern Miner·
Key Takeaways
- •The updated feasibility study projects lower returns and higher costs for the Molo graphite mine while keeping output unchanged.
- •The Molo graphite mine is located in southern Madagascar.
- •The revised study extends the mine’s life by more than 10 years.
- •A stage two expansion is part of the updated project plan.
An updated feasibility study for NextSource Materials’ (TSX: NEXT) Molo graphite mine in southern Madagascar outlines lower returns and higher costs for the same output, while extending the mine life by more than a decade. A stage two expansion...