Chiziro Graphite Project

In 2012 Globe acquired 100% of the Chiziro Graphite Project, consolidating Globe’s already strong position in Malawi. The tenement contains multiple regions of graphite mineralisation located at surface, with two prospects - Chimutu and Katengeza - being most promising.

Since acquiring the project, Globe has undertaken the following:

  • Stream sediment sampling, rock chip sampling, and auger sampling to identify and confirm target zones,
  • Geological mapping, with detailed mapping of some target zones,
  • Trenching and sampling at the Chimutu prospect (6,266 m), which has demonstrated graphite mineralisation over a strike length exceeding 6,000 m, with widths exceeding 250 m and graphite grades exceeding 5% TGC,
  • Preliminary mineralogical analysis, indicating majority of graphite has large to coarse flake graphite,
  • Preliminary metallurgical testing, indicating metallurgical processing of the mineralisation will likely require conventional technology as part of a conventional flowsheet,
  • Review of supporting infrastructure, which shows that the Chimutu and Katengeza prospects are within 5 km of existing road, rail and power infrastructure.

Graphite is a strategic mineral in high demand, particularly with advanced technology applications such as rechargable batteries.  Global graphite consumption is expected to rise significantly.