Mine and Mineral Processing Facility to Produce Natural Flake Graphite
The Epanko Graphite Project is a long life, highly profitable graphite project located approximately 370km from the city of Dar es Salaam in Tanzania. In 2017, a pre-development program was completed resulting in an extensive Bankable Feasibility Study, which was subject to a rigorous due diligence process by bank appointed independent engineers, SRK Consulting (UK) Limited. The results of the pre-development program positioned the project as a world class new graphite development. It is forecast to initially produce 73,000 tonnes of natural flake graphite products each year.


Tanzanian Natural
Flake Graphite
The Epanko Project is now ready for development with significantly improved economics, production profile and expansion capacity. Starting with Stage 1 at 73,000tpa of graphite concentrate production, this Project has been subjected to rigorous bank due diligence and has pre-eminent ESG credentials, as well as the capacity to expand along with demand growth to over 300,000tpa. The economic value of this Project to the Company and the local Tanzanian economy, over a 40+ year life, is profound.
Significant International Investment Pipeline in Tanzania
With a radical shift in the investment environment in Tanzania, and multi-billion-dollar resource and infrastructure investment in the pipeline, together with the signing of a very positive framework and partnership agreement with the Tanzanian government, the pathway to development is clear.
The President of Tanzania has made it clear that her country is now “open for business”. The economics of our project show that graphite in Tanzania is indeed very good business. This is reflected in the very positive discussions now taking place on project financing, partnerships and offtake.

Positive Economic Impact
The Project has strong economics and will provide inter-generational economic and social benefits for the regional community near Mahenge in Tanzania and will support Tanzania’s positive industrialisation progress.
Epanko is expected to operate for 40+ years and in that time is forecast to deliver direct economic benefits of over US$3 billion to Tanzania via employment, procurement, royalties, taxes and dividends. During Stage 1 over 95% of the 300 permanent staff will be Tanzanian, with an estimated 4,500 indirect jobs to be supported by the Epanko operation