Mining Intelligence and News
Madagascar

Molo Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Graphite
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotOn March 23, 2023, Next Source announced the initiation of commissioning activities for the Molo Graphite Mine Phase 1 and announced production of the first tonne of SuperFlake® graphite concentrate on June 22, 2023.

The initial mining of weathered ore and inconsistency of ore characteristics has introduced additional challenges in ramping up the plant to production capacity.

As of December 31, 2024, the Molo Mine has not met the commercial production.

Next Source is working to achieve the following Molo milestones during the 2025/6 financial year:
• Ramp-up of Molo to production capacity of SuperFlake® graphite concentrate.
• Declaration of commercial production, with the focus to balance the optimal output and quality of products.
Latest NewsNextSource Materials Announces US$20M Credit Facility with Vision Blue Resources     January 30, 2025

Owners

SourceSource
CompanyInterestOwnership
NextSource Materials Inc. 100 % Indirect
NextSource Materials Inc. owns the Molo Graphite Mine through its subsidiary, ERG (Madagascar) SARLU, which is wholly owned by NextSource Graphite (Mauritius) Ltd., a subsidiary of NextSource Materials (Mauritius) Ltd.

Contractors

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Deposit type

  • Metamorphic

Summary:

The Molo Project hosts a flake graphite deposit, which is one of a variety of graphite deposit types.

The Molo graphitic zone is delineated over the western, isoclinal antiform of a surficially exposed, steeply plunging (84°), antiform-synform pair consisting of graphitic schist and graphitic gneiss exposed for a strike length of over 2 km and a width of 750m.

The limbs of the Molo antiform are parallel to the regional Ampanihy shear zone, and both dips steeply to the west at 85°. Outcrop mapping and trenching on Molo has shown the surface geology to be dominated by resistant ridges of graphitic schist and graphitic gneiss, as well as abundant graphitic schist float.

Geological modelling has shown that the deposit consists of various zones of mineralised graphitic gneiss, with a barren footwall composed of garnetiferous gneiss. The host rock of the mineralised zones is graphitic gneiss.

Graphite Mineralisation on Molo
Graphite mineralisation on the Molo Project is hosted in schists, believed to originally have been mud stones, silt stones, and sand stones. Graphitic mineralisation in the Molo Project area is bimodally distributed, with low-grade and high-grade zones having carbon cut-off grades of 2% and 4% C, respectively. High-grade mineralization is associated with metamorphosed silt stones and mud stones, while low grade mineralization is associated with rocks interpreted to represent metamorphosed sand stones, which are interpreted to be more favourable hosts for large and jumbo flake graphite (Scherba et al., 2018).

The Molo graphite deposit appears to have resulted from many mineralizing events, which extended over a period of time that may range from ca. 900 to ca. 490 Ma. These include the graphitization during the emplacement of anorthosite complexes, graphitization in a high-strain regime under high pressure and high temperature granulite facies metamorphism during the collision of the Androyen domain with the Vohibory domain, graphite refining and re-crystallization believed to have taken place during East Gondwana and West Gondwana collision, and the formation of post-collisional hydrothermal vein graphite during orogenic collapse. The super-imposition of the tectono-metamorphic history of southern Madagascar on a sedimentary sequence in which the protoliths were rich in organic carbon has resulted in flake graphite mineralization with high carbon purities and large flake sizes (Scherba et al., 2018).

Petrographic descriptions undertaken on thin sections of selected rocks of the Manga vanadium deposit submitted for metallurgical analysis to Mintek (www.mintek.co.za/) in 2010 identified 17.17% modal graphite from the silicate composite, and 15.87% modal graphite from the oxide composite samples. Three additional composite samples were submitted to Mintek at the conclusion of the 2010 exploration program. The Quantitative Evaluation of Minerals by Scanning Electron Microscopy (“QEMSCAN”) analysis of these samples quantified a graphite composition of 4.09%, while the head chemical analysis quantified a graphitic carbon content of 3.87%.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

In 2023, Next Source announced production of the first tonne of SuperFlake® graphite concentrate. As of December 31, 2024, the Molo Mine has not met the commercial production.

Next Source is not providing any forward guidance on production volumes, revenues, or operating costs for the Molo Graphite Mine for 2024.
CommodityUnitsAvg. Annual (Projected)LOM (Projected)
Graphite kt 451,386
All production numbers are expressed as concentrate.

Operational metrics

Metrics2023
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Production Costs

Commodity production costs have not been reported.

Required Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 17, 2025
....................... Subscription required ....................... Subscription required Subscription required May 31, 2019
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....................... Subscription required ....................... Subscription required Subscription required May 31, 2019
....................... Subscription required ....................... Subscription required Subscription required Feb 17, 2025

Total WorkforceYear
...... Subscription required 2019

Aerial view:

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