ASX-listed Walkabout Resources has shared that its Lindi Jumbo graphite mine in Tanzania is progressing as planned, with dry commissioning expected in the last quarter of this year.
Seizing the opportunity created by China’s graphite export restrictions, Walkabout aims to tap into new markets and capitalize on the positive price trends.
CEO and MD Andrew Cunningham highlights the construction team’s remarkable progress in adhering to the project timeline, maintaining an excellent safety record throughout.
Lindi Jumbo is poised to commence operations in early 2024, strategically timed to coincide with Chinese export restrictions, making it the leading producer of large flake graphite for the expandable graphite market outside China. The mine is positioned to offer a reliable supply source at a time of uncertainty in other regions.
Lindi Jumbo is slated to contribute 40,000 tons per year of premium natural flake graphite to international markets, solidifying Walkabout Resources’ role in the global graphite landscape.