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NextSource to achieve full manufacturing at Molo mine by July

The date is a bit later than initially deliberate because of the identification and rectification of underperforming tools within the screening circuit, the Toronto-based firm stated.

The set up of the alternative tools is predicted to be concluded in April and ramp-up will proceed till June, NextSource stated. 

The corporate stated it now expects its first industrial cargo and sale of SuperFlake graphite focus below offtake agreements beginning in June. SuperFlake is the registered trademark for the corporate’s graphite focus, which may obtain 98% carbon purity throughout all flake dimension distributions with easy flotation alone. It will also be upgraded to 99.97% battery grade purity.

The battery supplies developer has achieved SuperFlake focus of greater than 95% and it’s being stockpiled at a third-party warehouse for cargo as a qualifying materials to potential prospects.

NextSource stated that when Molo reaches its first part’s full capability, it can work on a possible enlargement. This second phase would increase the mine’s output to 150,000 tonnes of SuperFlake graphite focus per 12 months.

NextSource stated its purpose is to change into a vertically built-in world provider of graphite anode materials with plans to assemble, in phases, a number of battery anode services (BAFs) able to producing CSPG at industrial scale in key jurisdictions.

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