Aim-listed investment group Armadale Capital reports that, in line with its recently completed definitive feasibility study (DFS), its wholly-owned south-east Tanzania-based Mahenge Liandu graphite project (Mahenge) is a large, long life, low cost graphite deposit with a focus on high-quality graphite concentrate for the rapidly emerging electric vehicle market. Mahenge is located in a highly prospective region, with a high-grade Joint Ore Reserves Committee-compliant indicated and inferred mineral resource estimate of 59.5-million tons at 9.8% total graphitic carbon (TGC).
