NextSource Materials’ (TSX: NEXT) graphite mining operations in southern Madagascar have not been impacted by the ongoing political situation, and shipments of its graphite products are proceeding as planned, the company confirmed.
The East African nation is currently in political turmoil following a military takeover that ousted President Andry Rajoelina. The upheaval began with youth-led protests against economic hardship and corruption, which were then joined by an elite military unit, leading to Rajoelina’s impeachment and flight from the country.
According to NextSource, mining and processing activities at its Molo mine are continuing under normal conditions, and its regular campaign production and logistics are both on schedule. The company’s trademarked SuperFlake graphite products are also being shipped to international customers form the port of Tulear without disruption, it…
