Beyond being a key component in Li-ion batteries, traditional markets of #graphite – including expandable graphite, foils, lubricants & refractories - continue to drive demand for high-purity coarse flake graphite.
Learn more about how our product strategy drives premium pricing.
Pictured: Bags of large flake #graphite ready for loading onto the next truck out of #LindiJumbo.
In addition to a significant increase in sales orders, we're expecting follow on orders from our pilot shipment - highlighting robust demand for our premium product offering.
Interest in regional #graphite prices has spiked following recent shifts in global regulatory landscape and rising demand.
Fastmarkets - who will launch a price benchmark to provide greater transparency for stakeholders - predict demand to surge more than 600% by 2034.
$WKT SEPTEMBER QUARTERLY REPORT
Highlights: #graphite stockpile maintained @ 40,000t (majority free dig), inc. #graphite delivered to RoM pad & inc. production averages. @LindiJumbo product demand is strong, requests exceeding production forecasts.
MORE: https://t.co/AlRcQVQMhN
ICYMI: $WKT announced an influx of sales orders for graphite concentrate over Sept, to new end customers in China & India.
Two orders received in the month totalled 800t, & more than 60% of the vol. ordered is for #coarseflakegraphite.
More: https://t.co/EN2TjN5lTu
We’re proud to have achieved more than 2 and a half years with no LTI’s at the end of Q2 2024.
As we ramp up, we’re focused on increasing throughput to the 40kpta market capacity, safely & sustainably.
Learn more about our Q3 2024 priorities: https://t.co/zU0Frb9z2u
#WKT’s EPC contractors remain on site at #LindiJumbo, allowing us to promptly address operational & performance issues.
Their presence has been helpful during our commissioning & ramp up - with plant availability significantly improving in the last month.
Our focus this quarter is to increase throughput, whilst optimising grade and maximising flake size.
Rapid turnaround on #graphite sample testing enables us to continually adjust plant settings to optimise operations, with recoveries exceeding 90% consistently with no issues.
ICYMI: $WKT announced a daily #graphiteproduction record of 94t, at @LindiJumbo. The Aug production avg. was ~50 bags/day, with the Mine nearing theoretical ‘breakeven’.
These developments were discussed at the recent @Paydirt_Media ADU Conference.
https://t.co/KG2Aywd6tM
Alongside decarbonisation technologies, traditional applications such as refractories continue to be important markets for #graphite.
Learn more about these applications and how we are meeting demand with our high-purity coarse flake graphite: https://t.co/TuAS2ArvVo
#LindiJumbo Graphite Mine achieves record production: 94 bags of dry #graphite concentrate in a single day.
As we progress rapidly to nameplate capacity of 110 bags per day, exceeding the theoretical breakeven output is an important milestone.
More: https://t.co/pVspLGoM1V
#WKT took the #ADU2024 stage this morning, providing an update on @LindiJumbo & the journey to production – all made possible by a committed team, a supportive government & the backing of shareholders throughout.
Come down to Booth 28 & meet some of the team!
We’re excited to be attending #AfricaDownUnder again this year!
#WKT’s CEO, Andrew Cunningham, is speaking at 9:15AM tomorrow, delivering an update on @LindiJumbo - poised to be the highest margin producing graphite mine globally at full production.
Operations & #commissioning teams are working to optimise our entire processing plant.
Shown below, our #flotationcircuit separates #graphite from waste rock, using chemicals to make the minerals hydrophobic.
This allows them to rise to the surface for collection & refining.
$WKT QUARTERLY REPORT: NOW AVAILABLE
This Quarter has seen the completion of commissioning, fulfilment of trial orders @ an ongoing focus upon site & personnel safety.
More:
https://t.co/lFAkU9NGJN
#WKT#Walkaboutresources#Graphite#LindiJumbo#GraphiteMine#Tanzania
Earlier this month, an inaugural shipment of graphite concentrate departed for Europe, with further exports to various destinations in Asia to follow.
Current pricing for orders is at market prices, while European prices represent a significant premium to quoted Chinese prices.
Graphite makes up 95% of the anode material in Li-ion batteries - a key component in electrification technology. Amidst expected graphite supply deficits, projects like #LindiJumbo will become a key contributor to ensuring a secure supply globally.
More: https://t.co/72Tx6Tol7g
See the grinding and flotation circuit in action, responsible for extracting the graphite from the ore.
The operation is designed to preserve flake size, whilst reducing operational costs. #LindiJumbo currently has one of the highest basket prices globally.
The #LindiJumbo processing plant has an operational capacity of 1,000 tonnes of ore/day. The Fine Ore Bin has enough storage for 1.5 shifts at full capacity, supplemented with the Fine Ore Stockpile to ensure the ore mix is suited for optimal rod mill performance.
Set to be the highest margin producing graphite mine globally at full production, #LindiJumbo continues to impress as one of the lowest cost producing mines in the world with one of the highest basket prices globally.
More: https://t.co/cXuohSesDN