Browsing: Mahenge Liandu Graphite Project

Elon Musk is on Africa's front pages again, this time it's a mining deal for Tesla to get access to graphite from the East African country of Tanzania. Photo/Magnis

Tesla set to use Tanzania’s Graphite in Mining Deal

Industry and Trade
  • Australian firm Magnis wins deal to supply Tesla’s graphite
  • Magnis subsidiary to mine under Special Economic Zone license
  • Tesla to import in excess of 17000 tonnes of graphite annually

Tesla, the American multinational automotive company and the World’s leader in electric vehicles, is expected to benefit from Tanzania’s graphite through a supplier that has been given mining rights to export 17,500 tonnes of graphite annually as of 2025.

Despite the ‘lack of official communication from Tesla’ local media reports that a third party, Magnis Energy Technologies Ltd, has in fact entered into a ” …fixed pricing Binding Offtake Agreement with Tesla, Inc. for the supply of Anode Active Material (AAM) that will commence in February 2025.”

Confirming the pact was Magnis Chairman, Frank Poullas, who expressed his company’s excitement over the Tesla deal.

“We are really excited to bring our high-performing AAM to a market that requires no chemical or …

Armadale Capital secures Chinese buyers of Tanzania's graphite

Armadale Capital secures Chinese buyers for Tanzania’s graphite

Tanzania

Armadale Capital, a London Stock Exchange’s AIM-listed investment company focussed on resource projects in Africa has secured an MOU with a China-based technology company CoolRU Information Technology for 5,000tpa of graphite concentrate produced at Tanzania’s Mahenge Liandu over an initial five-year period.

Armadale’s wholly-owned Mahenge Liandu Graphite Project is located in a highly prospective region, with a high-grade JORC compliant indicated and inferred mineral resource estimate announced February 2018 – 51.1Mt at 9.3% TGC. This includes 38.7Mt Indicted at 9.3% and 12.4Mt at 9.1% TGC, making it one of the largest high-grade resources in Tanzania.

Armadale acquired a 100% interest Mahenge Liandu in July 2016.

CoolRU was established in 2006 and is registered in WangJing Science Park in Beijing China. It is working closely with Geek+, the world’s leading provider of advanced robotics and AI technologies, to offer truly comprehensive intelligent logistics solutions to customers.

CoolRU is developing various applications …