German company interested in exploiting Mozambican graphite

24 May 2010

Maputo, Mozambique, 24 May – The German company Graphit Kropfmuhl is interested in exploiting graphite deposits in the Ancuabe district of Cabo Delgado province, 120 km from the provincial capital Pemba, reports the Maputo-based daily Noticias.

The national director of mines, Eduardo Alexandre, told the newspaper that Graphit Kropfmuhl AG already operates in Zimbabwe, China and Germany, and that it aims to begin mining graphite in Ancuabe in the first half of 2012.

The German company also wants to develop a parallel research and prospecting project at the Mazeze administrative post in Chiure district, where deposits of that mineral are confirmed in two areas.

Graphit Kropfmuhl is preparing to conduct field sampling by the end of this year and already has geologists on the ground for surveys in the third and fourth quarters. In the first quarter of 2011 it will submit the feasibility study to the government, which will make the final decision.

The company Grafite de Ancuabe stopped operations nearly 10 years ago due to the operational cost of consuming power then supplied by the mining company’s own generators, which was too expensive.

Electricidade de Moçambique included the Ancuabe mine in its Cabo Delgado province rural electrification project two years ago. Power lines were extended to the site from the national grid, which distributes energy produced by the Cahora Bassa Hydroelectric Dam. (macauhub)