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Lindi Jumbo ramps up with new graphite orders

1st October 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

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Australia-listed Walkabout Resources has reported a significant increase in sales orders in September, with larger shipments of its premium graphite concentrate bound for new clients in China and India.

These new orders, amounting to 800 t of predominately coarse flake graphite from the Lindi Jumbo mine, in Tanzania, mark a significant milestone in the mine’s growing reputation.

“Starting regular, large-volume sales is an important milestone and begins to cement Lindi Jumbo as a reliable producer of high-quality graphite concentrate in the minds of end customers,” says MD and CEO Andrew Cunningham.

Lindi Jumbo continues to ramp up its production having produced more than 3 200 t of graphite concentrate since first production in June. Month-to-date production is averaging about 50 t/d of dry graphite concentrate, despite a planned five-day shutdown to address commissioning and ramp-up maintenance requirements.

Early sales to Europe and Asia consisted of pilot orders (20 t to 80 t each) for customer testing and confirmation that the product matched previously tested samples. Lindi Jumbo is expecting follow up on orders for both coarse and fine flake graphite from these pilot sales in coming months.

“Lindi Jumbo remains fully exposed to market prices for its graphite products and therefore will benefit from the forecasted cyclical increase in prices in the coming years,” says Cunningham.

Edited by Creamer Media Reporter

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