Nextsource Materials Inc. is pleased to announce the first production of SuperFlake® graphite concentrate at its Molo mine in Madagascar. President and CEO, Craig Scherba, commented: "First production of our SuperFlake® graphite is a significant achievement for NextSource and a testament to the dedication and hard work of our commissioning and operations teams, our employees and contractors, as well as the ongoing support [...]
Nextsource Materials Inc. announces that it has filed amended and restated unaudited condensed interim financial statements and management's discussion and analysis for the nine and three months ended March 31, 2023, and 2022 , which amends and restates the previously filed unaudited condensed interim financial statements and MD&A for the nine and three months ended March 31, 2023, and 2022. The Amended and Restated [...]
Nextsource Materials Inc. is pleased to announce that commissioning of the Company's Molo Graphite Mine in Madagascar has been initiated and the installation of the solar and battery facility for the hybrid power plant is in progress. The hybrid power plant consists of a thermal generation facility, which is already in operation, and a solar and battery facility, consisting of a 2.6MW solar PV facility and a 1MWh battery [...]
Nextsource Materials Inc. is pleased to announce its global anode expansion strategy and the economic results from the study relating to its first battery anode facility to be located in Mauritius. The highlights are as follows: Plans to construct, in stages, multiple BAFs globally in key jurisdictions that would be capable of producing commercial scale graphite anode material for lithium-ion batteries used in electric [...]
Nextsource Materials Inc. is pleased to announce that construction of the processing plant and mining camp for the Company's Molo Graphite Mine in Madagascar is now complete, and that the entire mining fleet is at site. President and CEO, Craig Scherba, commented: "We are now entering the final stages of development of Phase 1 and are fast approaching first production. We look forward to providing a more detailed update [...]
Nextsource Materials Inc. is pleased to announce the results of the Annual and Special Meeting of Shareholders held virtually at 10:00 AM Toronto, Ontario, Canada on December 5, 2022. The Board of Directors had fixed October 14, 2022 as the record date for the Meeting. There were 101,872,614 common shares outstanding and entitled to vote at the Meeting. A total of 50,199,686 common shares equivalent to 49.5% of the common [...]
Nextsource Materials Inc. is pleased to provide an update on the development of its Molo Graphite Mine in Madagascar, management appointments and progress on its proposed Battery Anode Facility deployment plans. The Company also announces the early exercise by Vision Blue Resources Limited of 23,214,286 warrants acquired in May 2021 for aggregate proceeds to the Company of approximately US$16.9 million. Molo Mine [...]
Nextsource Materials Inc. is pleased to provide a progress update for Phase 1 of the Molo Graphite Mine in Madagascar. The Processing Plant has arrived and been unloaded at the local port of Fort Dauphin in Madagascar and has cleared customs. Company-appointed logistics specialists have now commenced transporting all modules of the Processing Plant, including two mobile cranes, to the mine site. Earthworks at the mine [...]
Nextsource Materials Inc. is pleased to provide a site works update and to announce that a Madagascar subsidiary of CrossBoundary Energy has commenced the construction process for the solar and battery hybrid power plant for Phase 1 of the Molo Graphite Mine in Madagascar after the Company executed a definitive energy services agreement with CrossBoundary Energy's Madagascar subsidiary. Molo Mine Construction Update [...]
Nextsource Materials Inc. 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 [...]
Nextsource Materials Inc. is pleased to announce the results of a Preliminary Economic Assessment for an enhanced Phase 2 expansion of its 100%-owned Molo Graphite Mine Project in southern Madagascar. The PEA considered an enhanced Phase 2 expansion consisting of a stand-alone processing plant with a production capacity of 150,000 tonnes per annum of flake graphite concentrate over a 26-year life of mine . The PEA [...]
Nextsource Materials Inc. is pleased to announce that Factory Acceptance Testing and final verification of equipment design specifications and end-to-end functions of the processing plant for Phase 1 of the Molo Graphite Mine is complete. The 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 [...]
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