NextSource Materials Provides Molo Mine Update; Begins Transporting SuperFlake® Graphite Concentrate to Port for Export

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Begins Transporting SuperFlake® Graphite Concentrate to Port for Export

TORONTO, ON / ACCESSWIRE / August 7, 2024 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or “the Company”) is pleased to announce the completion of the planned screening equipment upgrades at its Molo Graphite Mine (the “Molo mine”) in southern Madagascar.

The Company has successfully upgraded equipment in the screening circuit to sort SuperFlake® graphite concentrate into individual size fractions to meet customer specifications. The Molo mine is now meeting or exceeding recovery and grade expectations and consistently producing SuperFlake® concentrate at a carbon content of between 95% and 97%.

During the screen installation, additional process plant upgrades were also carried out at the Molo mine that the Company believes will further enable sustainable and enhanced recoveries going forward. As a result, plant stability has been…

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