African Mining May - June 2019 | Page 33

Feature Mining at Sahamamy in an open pit. project, Sahamamy is set to have a place in the world map of flake-graphite and to contribute to the quality of life of the people around the project,” says Poddar. He adds that the company continues making progress at its flagship project, Vatomina, also in Madagascar. Construction at Vatomina is well under way and the first production module of 6 000tpa is scheduled for commissioning in quarter two of 2019. Poddar explains that this will be followed by three successive 18 000tpa modules. Vatomina covers a 25km 2 mining permit issued for 40 years and is located 70km from the Toamasina port and 8km aerial distance from Sahamamy. Progress on the construction and equipment manufacturing for the first module is on target, with ancillary buildings and facilities, including the engineering centre constructed and contributing to the project development. Over the past 15 months, Tirupati has performed multiple exploration activities, including 3 500m of diamond core drilling as well as pitting and trenching over 2.5km 2 of the 0.6km 2 mineralised area. SRK Consulting has been engaged for an updated joint CPR for both projects in www.africanmining.co.za Madagascar and setting in the concept of joint and complementary nature of the two. SRK expects to roll out enough resources for more than 15 years for the target 81 000tpa production with substantial resource potential to be unearthed by continued exploration over two years. “This is another milestone achievement for the company with our first production at Sahamamy of high-quality flake, which we are already delivering to the international markets. We have achieved this in an extremely short period at industry-lowest capex and believe that this proves we have the team and the ability to execute our growth strategy of building a fully integrated graphite and graphene production company,” says Poddar. Poddar adds that the 3 000tpa produced at Sahamamy is a first step in building on long-term sustainable flake-graphite operations in Madagascar. “The plant is modular and with progress being made at Vatomina, our second project, we envisage that we will be producing in excess of a 9 000tpa rate in the second half of 2019. In tandem with plant development, we will continue to confirm up more resources across the mining concessions and expand our marketing efforts,” says Poddar. b MAY - JUNE 2019 AFRICAN MINING 31