Magnis Resources' Nachu Graphite Project Granted an Environmental Certificate

Magnis Resources Limited (ASX:MNS) announced that the National Environment Management Council of Tanzania has issued an Environmental Certificate for the Nachu Graphite Project located in southeast Tanzania. A mining license from the Ministry of Energy and Minerals is expected in the near future.
As quoted in the press release:

This certificate is an essential component for the granting of a Mining Licence in Tanzania.
The issue of the Environmental Certificate is based on the Environmental Impact Study (EIS) submitted to NEMC by the Company’s consultants, MTL Consulting of Tanzania and Digby Wells Environmental of South Africa.

Chairman Frank Poullas commented:

“The granting of the Environmental Certificate is a major milestone and brings us one step closer to receiving our Mining License. With each milestone that we hit our world class Nachu Graphite Project is further de-risked and advances closer towards our end goal of production.”

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