NextSource Materials is commissioning one of the largest-known and highest-quality flake graphite deposits in the world. In parallel, it is seeking to develop turn-key graphite battery anode production facilities in key international markets. These facilities will employ a well-established processing technology to supply both spheronized, purified graphite (SPG) and coated SPG (CSPG).

Key features

  • Molo graphite mine located in southern Madagascar

  • Simple open-pit mining with negligible strip ratio and conventional concentrate processing

  • Commissioning of the first phase of operations commenced in March 2023

  • First commercial shipments of graphite concentrate to Germany and USA in October 2024
  • Signed a US$91 million debt facility mandate letter with International Finance Corporation
  • Graphite has multiple applications due to its properties of heat resistance, electromagnetic shielding and electrical conductivity
  • Utilising well-established, best-in-class graphite anode processing technology
  • Battery anode facility under development in Mauritius
  • Graphite is the largest material by volume in lithium-ion batteries, across battery chemistries

End uses

  • Graphite is essential for refractories for steelmaking, aerospace applications, graphite foils, graphene and EV batteries

NEXTSOURCE MATERIALS WEBSITE

Grids at NextSource Materials

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