Kibaran appoints experienced graphite specialist to Board Christoph Frey will help accelerate the Company's strategy to process its graphite concentrate into battery-grade graphite for the lithium ion battery industry Kibaran Resources is pleased to announce that it has appointed highly experienced graphite specialist Christoph Frey as a Non-Executive Director. Mr Frey, a qualified process engineer, will be based in [...]
Kibaran to supply graphite to lithium battery industry after signing binding agreement with Japanese trader Sojitz 100% of Epanko Graphite Project's production now covered by agreements Kibaran Resources Ltd. (ASX: KNL) is pleased to announce that it has signed a binding exclusivity agreement with Japanese commodities trading giant Sojitz Corporation for the supply of graphite concentrate produced at its Epanko project in [...]
Research & Development Rebate Kibaran Resources Ltd. (ASX: KNL) is pleased to advise it has received a Research and Development rebate for financial years 2011/12, 2012/13 and 2013/14. The rebate falls under the Australian Federal Government's Tax Incentive Scheme and the Company received $942,692. The rebate adds to the Company's cash reserves and will be used as working capital while Kibaran progresses the debt [...]
Completion of Independent Engineers Report Kibaran Resources Ltd. (ASX: KNL) is pleased to provide an update on progress of the senior debt financing for its Epanko Graphite Project located in Tanzania. Kibaran advises that SRK, appointed as the Independent Engineers for technical due diligence by KfW IPEX-Bank have now completed their review, as part of KfW IPEX-Bank's senior debt financing due diligence on the Epanko [...]
March 2016 Quarterly Activities Report Kibaran on track for development of world-class Epanko Graphite Project Epanko poised to be major supplier to both the steel and lithium battery industries Quarterly Highlights: - Significant progress made towards finalising due diligence process by Germany's KfW IPEX-Bank - Kibaran received Expression of Interest and Summary of Indicative Terms and Conditions for Senior Debt [...]
Bulk Sample Outperforms Block Model Highlights - Assays from 200 tonne bulk sample from Epanko's Western Zone reconciles 24% above the Ore Reserve block model grades Kibaran Resources Ltd. (ASX: KNL) is pleased to advise the analytical results from the recent 200 tonne bulk sample, taken for full scale production testing for the lithium-ion battery market, have significantly outperformed the block model grade estimate [...]
Strategy to supply lithium ion battery market Results will help underpin marketing of Epanko project graphite, which has already been shown to be a premium product for use in lithium ion batteries Highlights - 200 tonne sample of graphite from the Epanko project in Tanzania has been sent for next round of production-scale tests - Previous tests have established Epanko graphite as highly suitable for use in lithium ion [...]
Emerging Australian-based graphite and battery market supplier, Kibaran Resources is pleased to announce the signing of a landmark non-binding Memorandum of Understanding with Japanese commodities trader, Sojitz Corporation, one of Japan's largest trading companies and one of that country's largest flake graphite trader. The signing is Kibaran's second expansion into international graphite markets, following its binding [...]
Appointment of TanzGraphite (TZ) Limited Director Emerging Australian graphite and battery market supplier, Kibaran Resources is pleased to announce the appointment of Dr Jaka Mgwabi Mwambi (PhD) to the Board of the Company's subsidiary TanzGraphite (TZ) Limited. Dr Mwambi, now retired from Public Service in Tanzania, has had a distinguished career, having served as Vice Chairman of the National Environmental Management [...]
Emerging Australian graphite and battery market supplier, Kibaran Resources is pleased to provide an update on current senior debt financing negotiations with two major finance houses aimed at establishing the Company's initial US$77 million Epanko start-up graphite mining and processing operation in Tanzania on the East African coast. - Expression of Interest (EOI) received from African resources financier, Nedbank, for [...]
The September 2015 quarter has been the most robust and successful period to date in Australian-based Kibaran Resources well enunciated growth strategy to establish its wholly owned flagship graphite projects in Tanzania in East Africa, as the emerging and strategic hub for mainstream natural flake graphite exports into the key direct ship routes to Europe. The quarter was particularly marked by major project achievements [...]
Kibaran Resources to explore financing options to fund the construction of the Company's proposed US$77 million Epanko graphite mine in Tanzania. Kibaran is pleased to report the signing of the mandate letter with Germany's KfW IPEX-Bank under which the Bank will provide advice and structuring support in relation to previously announced UFK cover and, subject to due diligence, consider an initial senior loan of up to [...]