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Friday, November 9, 2018

Lowest cost graphite output a big advantage for Sovereign - MiningNews.net

Lowest cost graphite output a big advantage for Sovereign - MiningNews.net: A prefeasibility study for the project released�today is said by Sovereign to have outlined the "lowest operating cost coarse flake graphite project globally". Development capex is put at US$49 million for a 16-year project annually producing an average of 52,000t per annum of concentrate at operating costs of $323/t (FOB). The latter sees Sovereign of the belief it should even be able to "compete on price point with China", the world's largest supplier and consumer of natural flake graphite.

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