Daily BriefsUtilities Sector

Daily Brief Utilities: Black Rock Mining and more

In today’s briefing:

  • Black Rock Mining Ltd – Well Advanced for a Low Capex, High Margin/Return Project

Black Rock Mining Ltd – Well Advanced for a Low Capex, High Margin/Return Project

By Research as a Service (RaaS)

  • Black Rock Mining Ltd (ASX:BKT) is developing the Mahenge natural graphite project in Tanzania, eastern Africa and is well advanced in defining and planning a low capex, high margin, high return operation.
  • The company holds an 84% interest in Mahenge with the Tanzanian government retaining a free-carried 16% stake.
  • Mahenge is one of the largest JORC-compliant flake graphite resources globally and is well positioned to benefit from growing global demand for natural graphite from use in Li-ion batteries. 

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