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NextSource Materials Announces Initiation of Civil Works and Shipment of Buildings to the Molo Graphite Mine Site in Madagascar and Filing of Updated PEA
TORONTO, ON / ACCESSWIRE / April 28, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF...
About this update from Nextsource Materials Inc
[{"type":"text","content":"NextSource Materials Announces Initiation of Civil Works and Shipment of Buildings to the Molo Graphite Mine Site in Madagascar and Filing of Updated PEATORONTO, ON / ACCESSWIRE / April 28, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (\"NextSource\" or the \"Company\") is pleased to announce that its construction team is now setup at the Molo Graphite Mine site in Madagascar and civil and earthworks have been initiated in preparation for the delivery and installation of the processing plant. The offsite fabrication and construction of the auxiliary buildings and structures has also been completed and these are in the process of being delivered to the mine site.President and CEO, Craig Scherba commented,\"With the mobilization of construction crews to the mine site and initiation of civils and earthworks, we have reached yet another key milestone towards commissioning of the Molo Graphite mine later this year.\"Work crews have begun civil construction and earthworks, utilizing heavy construction equipment to prepare the ground for the delivery and installation of the processing plant and auxiliary buildings. The work will involve:site stripping and levelinglaying of foundations for buildings and structuresexcavation for utility installationroad remediationThe Phase 1 processing plant was designed and built using an all-modular approach and is capable of processing 240,000 tpa of ore and producing approximately 17,000 tpa of high-quality SuperFlake® graphite concentrate. On February 28, 2022, the Company announced the processing plant, which was fully assembled at an offshore facility and had successfully passed factory acceptance testing and final verification, had been dismantled, packaged, and is ready to be shipped to the mine site. The processing plant is expected to be delivered to the mine site in Q2 2022, followed by installation and commissioning in Q3 2022.The following auxiliary buildings and structures are expected to be delivered and installed at the mine site during Q2 2022:Accommodation campWater treatment plantSewage treatment plantPlant officesPlant workshopTesting laboratoryPlant ablutionsChange houseOnce Phase 1 of the Molo Graphite Mine is completed and commissioned as expected in Q3 2022, it will become one of the few operating graphite mines outside of China.UPDATED PHASE 2 PEA TECHNICAL ST...