NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) announced that it has completed screening equipment upgrades at its Molo Graphite Mine in Madagascar.
The company said it has upgraded equipment in the screening circuit to sort SuperFlake graphite concentrate into specific sizes to meet customer specifications.
Notably, the Molo mine is meeting or exceeding recovery grade expectations and consistently producing SuperFlake concentrate at a carbon content in the range of 95% to 97%.
SuperFlake concentrate is being shipped from the mine to the Port of Tulear for export, the company highlighted.
During the screen installation, the company also carried out additional process plant upgrades that it believes will support sustainable and enhanced recoveries in the future.
"The team have delivered on the opportunity to capitalize on the quality of the Molo graphite deposit by improving recoveries and grades. Having previously shipped test material for qualification, we are now producing high quality, saleable graphite concentrate,” NextSource Materials CEO Craig Scherba said in a statement.
“This leaves NextSource well positioned to meet the specifications required by different customers and builds confidence in the resilience of our future production profile as we look towards Phase 2 expansion.”