G Grafex Limitada
Projects

Strategic graphite opportunities in a proven producing region

Our Mozambican portfolio is positioned in Africa’s premier graphite district, with a flagship development project and complementary exploration assets.

Flagship Asset

Ancuabe Graphite Project

Ancuabe is Grafex Limitada’ flagship project, supported by a robust Definitive Feasibility Study and designed to produce a diverse range of graphite concentrates for expandable, battery and refractory markets.

  • 46 MT Resource at 6.6% TGC and 24.9 MT Reserve at 6.2% TGC
  • 59% large flake graphite (>180μm), 32% jumbo flake graphite (>300μm)
  • Robust financials including NPV of US$298 million and IRR of 37%
  • Target production of approximately 60,000 tonnes of concentrate per annum
  • Access to roads, power and nearby Indian Ocean container ports
56% Large flake and high-purity concentrate share
20% Fine flake suited to emerging battery markets
Premium Product suite positioned for expandable and specialty demand

Project Snapshot

Key Ancuabe metrics

Metric Detail
Mineral Resource 46 Mt @ 6.6% Total Graphitic Carbon (TGC)
Ore Reserve 24.9 Mt @ 6.2% TGC
Flake Distribution 59% large flake, 32% jumbo flake
Project Economics NPV US$298 million, IRR 37%
Target Output ~60,000 tpa high-purity flake graphite concentrate
End Markets Expandable graphite, battery anode, refractories

Portfolio

Additional projects supporting long-term growth

Flagship

Ancuabe Graphite Project

Near-term development focus with completed DFS, mining concession and premium flake product potential.

Exploration

Cobra Plains Project

Early-stage exploration opportunity in a highly prospective graphite setting, supporting future resource expansion.

Growth

Aucu Gold-Copper Project

A complementary mineral asset that adds broader exploration optionality across the regional portfolio.

Why Mozambique

Located beside operating graphite mines in a proven district.

Cabo Delgado is a proven graphite-producing region. Neighbouring operations include the AMG GK mine immediately adjacent to Ancuabe and Syrah Resources’ Balama mine approximately 150km to the west, the world’s largest graphite producing facility.

This setting provides confidence in geology, operating conditions and regional infrastructure as we advance Ancuabe toward production.

Learn about Mozambique
Industrial mining infrastructure

Engage with us

Interested in offtake, partnership or project updates?

Contact Us About Graphite