Opens The Door To Market Access
BlackEarth Minerals NL (ASX:BEM) has received confirmation from the Port d’Ehoala SA (POE) that the company has been granted a Right to export its graphite concentrate from the Port.
Managing Director, Tom Revy, said the Right to export from POE relates to all graphite related products produced from the company’s developing Maniry Project in Southern Madagascar and the provisions of the services to be provided by the Port include –
- The Right to initially export up to 30,000 tonnes of graphite concentrate with a provision to increase this volume over time to cater for the Company’s Stage 2 expansion
- POE will provide all shiploading services as required by the company
- POE will provide services comparable to and in accordance with the Rio Tinto safety and other standards that are currently applied to services at this Port.
“This is a really important achievement for the BlackEarth team and is a significant milestone in the development of our Maniry Mine operations in the rapidly growing graphite region of Southern Madagasar,” Mr Revy said.
“Having access to world class infrastructure is critical to any mine operation, in any part of the world, and this Right now allows us to move forward with certainty, and also provides yet another strategic advantage to our planned Maniry large flake graphite plant development.”
About the Port d’Ehoala SA
Port d’Ehoalais a port in southern Madagascar approximately 10 km from the city of Tôlanaro (Fort-Dauphin).
The Port is jointly owned and operated by Rio Tinto and QIT Madagascar Minerals ( a company jointly owned by Rio Tinto and the Madagascan government).
The Port is world class, has operated since 2009 and has sufficient capacity and infrastructure to
manage the growing development in the new graphite region of Southern Madagascar.
The company’s Maniry operations are approximately 250 km from the Port and existing infrastructure is in place for the transport of product from the Maniry site to Port.
For further information please visit: https://www.blackearthminerals.com.au/
