Canadian graphite project developer NextSource Materials has published the results of an updated feasibility study for its flagship Molo graphite project, in Madagascar, which increased the build cost of the project, owing to equipment inflation.
The 2019 study, which is an update to a feasibility study published in 2017, takes into account updated mine capital equipment and mining costs, as well as current 12-month rolling flake graphite pricing on a free-on-bard (FOB) China basis.