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