Black Rock Mining Awards Bulk Earthworks Contract for Mahenge Graphite Project in Tanzania
Black Rock Mining has awarded an $11 million bulk earthworks contract for the Mahenge graphite project in Tanzania, with early works starting upon regulatory approval. The project has a resource estimate of 213Mt at 7.8% TGC and ore reserves of 70Mt at 8.5% TGC, targeting an average production of ~347,000tpa over 26 years. The contract includes $0.9 million for early works and $10.1 million for post-final investment decision (FID) works, aligning with the company's engineering design update.
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Black Rock Mining has awarded an $11 million bulk earthworks contract for the Mahenge graphite project in Tanzania, with early works commencing immediately after regulatory approval. The project has a resource estimate of 213Mt at 7.8% TGC and ore reserves of 70Mt at 8.5% TGC, aiming for an average production of ~347,000tpa over a 26-year mine life.
The contract includes $0.9 million for initial works and $10.1 million for construction following a final investment decision (FID). The contract aligns with the front-end engineering design update, facilitating critical site preparations for rapid construction post-FID.
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