Magnis Resources Limited Provides Update on Nachu Flake Graphite Deposit

Magnis Resources (ASX:MNS) announced an update on the continuing engagement with potential end users for the graphite flake sourced from its Nachu deposit in Tanzania.
As quoted in the press release:

• Superior expandable graphite properties at 2.3 g/L for Jumbo and 4.6 g/L
  for Large product without HF/HCl acid purification
• Greater than 99% TGC in -300 micron concentrate product now regularly
  achieved from flotation process
• Super Jumbo (+500 microns) and Jumbo (+300 microns) concentrates
  unaffected in modified process
• Highly crystalline flake with d002 < 3.35 for Jumbo and Large (+180
  microns) product
• Premium priced product achieved with no chemical treatment
• Simple process consisting of 1 rougher and 3 cleaner flotation stages

With the recent granting of a Special Mining Licence (SML) for the Nachu Project, Magnis has ramped up its engagement with potential end users of both natural and synthetic graphite to:

• demonstrate the versatility of the natural graphite flake from Nachu for both traditional and emerging technology applications;
• scope developments in the graphite market to target premium priced products that can be supplied in a more sustainable and cost effective manner; and
• ensure that future processing at the mine site achieves maximum flexibility with the smallest environmental footprint and lowest cost.

Magnis’ CEO Dr Frank Houllis commented:

The quality of the natural graphite flake from Nachu continues to demonstrate its versatility across a range of applications. Importantly, high specifications were achieved in products generated using cost effective processes with a decreased environmental footprint. With the recent granting of the SML for Nachu, it is notable that the flotation process ASX/MEDIA RELEASE selected for detail design has not changed. Magnis is therefore proceeding as planned with the engineering design for the Nachu project.

Connect with Magnis Resources (ASX:MNS) to receive an Investor Kit