EXPLORATION & DEVELOPMENT

MRC doing further Munglinup work after positive feasibility results

MINERAL Commodities will need to find in the order of A$90 million to build a graphite operation at Munglinup in Western Australia that’ll generate average earnings (EBITDA) of $45 million over a 14-year mine life.

 MRC aims to add to its mineral sands business in South Africa with an integrated graphite venture in Australia-Norway

MRC aims to add to its mineral sands business in South Africa with an integrated graphite venture in Australia-Norway

Completed feasibility work estimated Munglinup has a net present value of $160 million and an internal rate of return of 30%. The mineral sands miner had cash of US$18.8 million at the end of the September...

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