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E-Tech Resources expands mineral landholdings at the Eureka REE Project in Namibia

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E-Tech Resources, a rare earth exploration and development company developing its Eureka Rare Earths Project in Namibia, has entered into a definitive agreement to acquire an 85% interest in exclusive prospecting license 8748 (EPL 8748). The project is situated next to the national B1 highway in the Erongo Region of Namibia.

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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75

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Benchmark: Africa’s lithium production to increase >10x this decade; potentially 12% of global supply

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However, by 2033 its market share is forecast to triple to 12% of global supply. Of the critical battery minerals, cobalt is the one with which Africa captures the largest share of the upstream mining. Last month, Namibia banned the export of unprocessed lithium, cobalt, manganese, graphite and rare earth minerals.

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. Meanwhile, needle coke is being increasingly diverted into the battery market. Batteries underpin growth in natural graphite.

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Walkabout Resources’ Tanzanian graphite project moves to construction phase

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In addition to the Lindi Jumbo Project, Walkabout is also exploring in south west Tanzania at the Amani Hard Rock Gold Project and southern Namibia at the Eureka Lithium Project. Roskill notes that Lindi Jumbo is one of a number of Australian-backed flake graphite projects worldwide, many of which are focused on Africa.

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