“Developing a high-quality graphite project for the rapidly growing global battery market”
Kibaran Resources Limited (ASX: KNL) is an ASX-listed exploration company focused on unlocking the graphite potential of the mineral-rich landscapes of Tanzania, East Africa.
The primary focus is on the 100%-owned Epanko Deposit – a key graphite target within the Epanko Graphite Project area, which has been identified to host large flake graphite with ‘expanded’ properties. The Epanko Deposit has a JORC Indicated Mineral Resource Estimate of 12.8Mt at 10% TGC, for 1.28Mt of contained graphite. Work is now focused on progressing Epanko towards development.
The Company has secured offtake agreements for 100% of the initial annual production from Epanko with blue-chip companies. With the completion of a Bankable Feasibility Study, Mining Licence granted and debt funding discussions well advanced the Company is on track to becoming a major producer of high-value premium quality flake graphite.
The Merelani-Arusha Graphite Project, located in the north-east of Tanzania is Kibaran’s second graphite project. The Tanga Graphite Project located south of Merelani completes the graphite portfolio of graphite projects for Kibaran.
With a strong portfolio of highly prospective graphite projects in the mining-friendly country of Tanzania, Kibaran is in a strong position to become a significant producer of commercial graphite and thereby capitalise on the growing global demand.