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Tanzania enhanced its international standing in the global graphite market after its major Mahenge graphite project secured a $40 million (nearly Sh100 billion) equity investment
Black Rock Mining has signed a nonbinding memorandum of understanding over the supply of high-quality natural large flake graphite concentrate from the Mahenge project.
Graphite developer Black Rock Mining has signed a non-binding memorandum of understanding (MoU) with strategic alliance partner POSCO over the supply of high quality natural large flake graphite concentrate from the Mahenge project, in Tanzania. The MoU covers the potential offtake of 6 000 ty of graphite concentrate from the planned Mahenge Module 1, with the two companies now starting negotiations on a binding offtake agreement, which is subject to product specifications and commercial terms.
Black Rock Mining has signed a non-binding memorandum of understanding (MoU) with its strategic partner Posco for the supply of graphite.