Kibaran Resources is pleased to report the commencement of its Epanko graphite project development program in Tanzania.
Kibaran Resources (ASX: KNL) is pleased to report the commencement of its Epanko graphite project development program in Tanzania.
As quoted in the press release:
Chairman Mr Robert Pett said that “the Company is focused on the remaining regulatory arrangements with the Government for the Epanko development so as to secure lender approvals in relation to the debt financing package. The Company, with representation from its lenders, met with the Bank of Tanzania on 28 May 2018, who provided guidance to the Company and we are working to finalise these remaining matters with the Government. Kibaran is very pleased to partner with GR Engineering in the planned construction of this high quality, scalable and long-life graphite project with high value multiple downstream processing opportunities.”