Total Graphite PLC has reported successful bench-scale test results achieving 99.2% Fixed Carbon (FC) purity from its Madagascan graphite using mild reagents. The company is now optimising the process to target 99.5% FC purity to supply high-value markets such as electric vehicle batteries.
Total Graphite reported positive infill drilling results at its Vatomina graphite project in Madagascar. A 19-metre intercept at 3.3% TGC, including a 5-metre high-grade zone at 6.82%, has increased confidence in the continuity of the near-surface seam.
Total Graphite has reported high-grade, near-surface graphite drilling results at its Vatomina project in Madagascar, including a peak assay of 18.62% TGC. The 587m drilling program across 17 boreholes intersected mineralization predominantly in shallow saprolite, supporting the company's mine optimization and production restart strategy.
NextSource Materials has released an updated feasibility study for its Molo graphite mine in Madagascar, extending the mine life to 37 years. While the expansion offers significant scale, the project faces higher capital costs and lower projected returns due to decreased graphite price assumptions.
