Northern Graphite (TSXV: NGC) plans to resume operations at its mine in Namibia in 2027 after placing it under care and maintenance in 2018.
African Mining Market reported on April 21 that the Okanjande Graphite Mine will produce 31,000 tonnes per year in its first phase, supplying Northern Graphite’s battery anode material plant in Yanbu, Saudi Arabia, which is set to begin production in 2028.
“The restart is expected to be executed within one year of a construction decision, underpinned by a relatively low capital requirement of $34.6mn and the advantage of the mine’s fully permitted status,” the publication said.
Okanjande already has water and power infrastructure in place. It is close to established road and rail routes as well.
Its initial phase will draw from a 1.6mn tonne measured and indicated graphite resource, with the operation focused on producing battery-grade graphite concentrate, according to African Mining Market.
The company is planning a 19 – 20-megawatt on-site solar power plant, which forms part of efforts to rebuild the mine as a lower-carbon operation aligned with evolving battery supply chain requirements.
Northern said, “the restart strategy offers a shorter time-to-market, leveraging an existing processing footprint and a known orebody rather than developing a new mine from scratch.”
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