Graphite

TANZANIA GRAPHITE RESERVES 2019 WORLD RANKING

As of 2019, Tanzania’s estimated graphite reserves stand at 18 million tonnes ranking 5th in the world after Turkey (90 million tonnes), China (73 million tonnes), Brazil (72 million tonnes), and Mozambique (25 million tonnes).

Tanzania’s graphite reserves are being explored and developed by Australia based graphite developers, namely Magnis Resources (ASX:MNS), Volt Resources (ASX:VRC) and EcoGraf (ASX:EGR). Production stages have not been reached yet.

Tanzania Graphite Projects

Tanzania’s largest graphite deposits are located in the central and south-east regions of the country. Active graphite projects include Bunyu, Epanko, and Nachu.

Bunyu Graphite Project 

The Bunyu graphite project, located in the Mtwara Region, is the largest graphite mineral resource in Tanzania. The project is owned by Volt Resources.

The project is planned to be developed in two phases. Volt submitted the mining license application for stages one and two of the development to the Ministry of Minerals in the first quarter of 2018.

Stage one development will enable Volt to establish infrastructure and market position for the development of stage two. The annual throughput of stage one will be 400,000 tonnes of ore and 23,700 tonnes per year of graphite over a seven-year mine life.

Epanko Graphite Project

The Epanko graphite project, located in the Mahenge province in south-east Tanzania, is owned by Kibaran Resources.

The project is estimated to produce 60,000 tonnes per year over the initial 18 years of operation.

Sales agreements for Epanko products have already been entered into with Germany’s ThyssenKrupp AG, Sojitz Corporation of Japan and a major European trading group.

Nachu Graphite Project

The Nachu graphite project, located west of the coastal city of Lindi in south-east Tanzania, is owned by Magnis Resources.

The project is estimated to produce 240,000 tonnes per year over the initial 11.7 years of operation.

In December 2019, Magnis executed a Binding Engineering, Procurement and Construction (EPC) contract with Metallurgical Corporation of China (MCC), to provide a turn-key solution for a production facility.

Sources: EcoGraf, Magnis Resources, Statista, Volt Resources
Last Update: 22 September 2020