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Magnis Reports Further Positive Metallurgical Testing Results
Oct. 22, 2014 05:07PM PST
Battery MetalsMagnis Resources Ltd. (ASX:MNS) announced that ongoing metallurgical testing of ore from Block F South at its Tanzania-based Nachu graphite project continues to return “consistently high proportions of large and jumbo flakes in graphite concentrates.”
Magnis Resources Ltd. (ASX:MNS) announced that ongoing metallurgical testing of ore from Block F South at its Tanzania-based Nachu graphite project continues to return “consistently high proportions of large and jumbo flakes in graphite concentrates.”
Highlights include:
- Up to 63.8% of graphite concentrate in jumbo flake category +300 microns
- Over 82% of graphite in large and jumbo categories in all tests conducted
- Consistently high graphite recoveries up to 97.1%
- Minimal ore variability within Block F South samples
- Product to demand high sale prices due to current shortage in large and jumbo flakes
- Current jumbo flake graphite price at $US1,800 per tonne
- Samples for partners and potential partners being prepared
Click here to read the full Magnis Resources Ltd. (ASX:MNS) press release.
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