Armadale Capital to submit Tanzania graphite mine permit request by end April
Source - SMW
Armadale Capital said it had received favourable finding from a final environmental and social impact assessment report for its Tanzanian Mahenge Liandu graphite project from external consultants.
The company said it was on schedule to submit final report to the National Environment Management Council of Tanzania by the end of April.
'We are very pleased with the speed at which the definitive feasibility study is advancing as we look to advance the world-class Mahenge Liandu graphite project in south-east Tanzania and establish a significant high-grade graphite mine,' chief executive Nick Johansen said.
At 2:39pm: (LON:ACP) Armadale Capital PLC share price was +0.13p at 1.3p