12 °c
London
Wednesday, April 21, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Tanzania: Volt signs fourth graphite offtake agreement

FurtherAfrica by FurtherAfrica
July 18, 2017
in Africa, Commodities, Economy, FDI, Graphite, Mining, Natural Resources, Tanzania
Reading Time: 2 mins read
0
Indian-owned company resumes iron ore mining in Mozambique
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Graphite developer Volt Resources has signed a fourth offtake agreement with a Chinese customer, filling in full the Stage 1 capacity of its Namangale project, in Tanzania.

Qingdao Tianshengda Graphite has signed an offtake term sheet for an initial 10 000 t/y of flake graphite product from the Namangale project, Volt said on Monday, adding that the recent changes to the Tanzanian mining law had not deterred customer confidence in the project.

“It is encouraging to see our business-as-usual approach with prospective customers has delivered our fourth agreement with a Chinese group this year,” said Volt CEO Trevor Matthews.

Volt now has indicative commitments for a minimum of 36 000 t/y to a maximum of 51 000 t/y of graphite product for the Stage 1 production.

Matthews said that with development funding discussions continuing with a number of groups, the ability to complete the offtake agreements prior to completing the Stage 1 feasibility study improved investor confidence in the company and the project.

Volt is hoping to ink a binding offtake agreement with Qingdao by the end of September this year.

Source: Mining Weekly

Related

Tags: chinaGraphiteNamangaleQingdao Tianshengda GraphiteTanzaniaTrevor MatthewsVolt Resourcesタンザニア坦桑尼亚
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

Angola and France sign co-operation and financing agreement

Next Post

Angola produces 600,000 tons of steel per year

FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Mozambique

Mozambique: Five companies pre-selected to build solar plant

by FurtherAfrica
April 21, 2021
African Fintech: Growth, Profit and Forecasts
Finance

28 money transfer services checked for Africa: an extensive guide

by Jens Ischebeck
April 21, 2021
Mozambique

Mozambique: US$30M needed to rebuild Beira Airport

by Club of Mozambique
April 21, 2021
Procedure for registration of a Limited Liability Partnership in Nigeria
FDI

The role of government in securing FDI

by Africa Oil & Power
April 21, 2021
Angola’s Sonangol reiterates payment commitment of drill ships
Africa

Maersk Drilling secures US$24M Exploration Contract in Gabon

by Africa Oil & Power
April 21, 2021
Next Post
Angola produces 600,000 tons of steel per year

Angola produces 600,000 tons of steel per year

Mustang’s share rise on high-grade Mozambique graphite discovery

Mbeya coal to power project unaffected by Tanzania legislation changes

SOFEC awarded contract for Coral South Project, offshore Mozambique

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?