https://newsletter.mw.creamermedia.com
Engineering|Excavators|Financial|Mining|PROJECT|Trucks|Equipment
Engineering|Excavators|Financial|Mining|PROJECT|Trucks|Equipment
engineering|Excavators|financial|mining|project|trucks|equipment

Maniry graphite project, Madagascar

Image of graphite specimen

10th February 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

Font size: - +

Name of the Project
Maniry graphite project.

Location
Southern Madagascar.

Project Owner/s
Evion, formerly BlackEarth Minerals.

Project Description
The Maniry definitive feasibility study has confirmed a technically robust project that will generate compelling financial returns over a projected mine life of 21 years.

The project consists of two main deposits – Razafy and Razafy Northwest.

An initial 500 000 t/y process plant will be located about 500 m north of Razafy, to be expanded to one-million tonnes a year in Year 3, ready for milling one-million tonnes a year from Year 4.

The project will be completed in stages, with Stage 1 producing 39 000 t/y of concentrate and Stage about 256 400 t/y from Year 4.

Mining will be undertaken using conventional drill-and-blast openpit methods followed by load-and-haul.

Mining equipment will include a mining fleet comprising 60 t to 80 t excavators, while 30-t- to 40-t-capacity trucks will be suited for the scale of mining envisaged.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has an estimated pretax net present value, at an 8% ungeared discount rate, of $263-million and an internal rate of return of 33%, with an after-tax payback from first ore of 3.8 years.

Capital Expenditure
Stage 1 will cost about $79.2-million and Stage 2 $24.6-million.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
CPC Engineering (flowsheet).

Contact Details for Project Information
Evion, tel +61 8 6158 9916 or email info@eviongroup.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Aluminium Federation of South Africa
Aluminium Federation of South Africa

The Aluminium Federation of South Africa (AFSA), is the voice of the South African aluminium industry.

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 December 2025
Magazine round up | 12 December 2025
12th December 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.247 0.382s - 129pq - 2rq
Subscribe Now