Summary

Mine Type	Open Pit
Study Completed	Feasibility
Stage	Permitting
Commodities	Graphite
Mining Method	Truck & Shovel / Loader
Mine Life	...
Snapshot	Bunyu is one of the largest graphite deposits in the world and the largest JORC Mineral resource in Tanzania. Key objectives of Stage 1 development are to establish Bunyu Graphite Project as a world-class supplier of graphite products, grow Volt’s existing natural flake graphite business, provide cashflow, and establish infrastructure in support of the development of the significantly larger Stage 2 expansion project. Environmental Impact Assessment Certificate and Mining Licences received covering both Stage 1 and 2. In 2023, ore from the Bunyu deposit was mined, partially processed into graphite concentrate, and delivered to a customer in early 2024. The technical evaluation was positive. Due to weak flake graphite prices, the Company shifted focus to a new product offering — ultra-high purity graphite. Discussions with the customer are ongoing, and a potential investor has submitted a preliminary proposal.

Deposit type

• Metamorphic

Summary:

The graphite mineralisation occurs in Archean basement rocks of the Mozambique Belt system which principally comprise metamorphic rocks ranging from schist to gneisses including marbles, amphibolite, graphitic schist, mica and kyanite schist, acid gneisses, hornblende, biotite and garnet gneisses, quartzite, granulite, and pegmatite veins.

Exploration has focused on areas where there is no or minimal overlying younger sedimentary sequences remaining (mostly Cretaceous sandstones and conglomerates).

Dimensions
• The main zones of mineralisation extend over an area of 3 km along strike, 800 m to 1.3 km across strike and from surface to a drilled depth of approximately 150 m below surface.
• The Bunyu 1 mineralisation remains open to the north-east (where it is under a thick sedimentary sequence), to the south-west and at depth.

Mining Methods

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Comminution

Crushers and Mills

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Processing

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Commodity Production

Operational metrics

Metrics
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Personnel

Job Title	Name	Email	Profile	Ref. Date
.......................	.......................	...........		Apr 10, 2025

Employees	Contractors	Total Workforce	Year
......	......	......	2023