Black Rock Mining Ltd

Via SemaNewz MINING EXPERT: Tanzania must act fast to seize the global green economy opportunity In recent years, #Tanzania has positioned itself in the global green economy through its mineral wealth, which is currently in high demand worldwide. Damas Makangale interviewed mining guru, Engineer Asa Mwaipopo about the benefits and challenges of the mining sector. "Mining is a business that can be planned, executed to the plan with tolerable limits and return on investment. Therefore, it is a good move for the Government to engage financial institutions to support medium and small-scale miners; as long as there is justification for the loans and the purpose is feasible and bankable." Asa Mwaipopo is a Non-Executive Director of Black Rock Mining Ltd's joint venture company Faru Graphite Corporation, responsible for developing, constructing, commissioning and operating the Mahenge #Graphite project. Read more: https://loom.ly/FcMX8QU #BlackRockMining #BKT #ASX

Via Stockhead POSCO’s prescient pursuit of battery metals paying off for Team ASX A South Korean giant’s decades-long pursuit to control its own destiny is drawing another generation of juniors into its orbit. Showing a lot of nous, industrial powerhouse POSCO (KOSPI:005490) (NYSE:PKX) has been patiently laying the foundation for an independent network of supplies. “What’s important in the relationship with POSCO is recognising we’re part of a supply chain,” Black Rock Mining Ltd chief executive John de Vries told Stockhead. Black Rock is among the next generation of developers receiving a leg up from the South Korean conglomerate, which has moved beyond steelmaking to place itself at the heart of the next industrial revolution. Continue reading: https://loom.ly/XJilrc4 #BKT #ASX

Black Rock Mining Ltd highlights the strategic importance of large flake #graphite markets, where premium pricing is driven by flake size and specialist industrial applications. Large and jumbo flakes remain critical across sectors including flame retardants, refractories, fuel cells and graphene, reinforcing the long-term demand outlook for high-quality natural graphite products from the Company's Mahenge Project in Tanzania. Learn more from #BKT: https://loom.ly/p8FpH9w #BlackRockMining #ASX #Mahenge #Tanzania #CriticalMinerals

Black Rock Mining Ltd is executing a phased development strategy, prioritising its upstream operations to establish a low-risk, low-capex pathway toward cashflow. Initially, #BKT is focused on its upstream business, where it has competitive advantages, proven expertise and is forecast to generate healthy margins at current prices. Learn more about the strategy: https://loom.ly/p8FpH9w #ASX #BKT #BlackRockMining #Mining

Black Rock Mining Ltd's Mahenge #Graphite Project in Tanzania has a sustainable competitive advantage, positioned to support a greener supply chain with a strong commitment to responsible development across environmental, social and financial outcomes. Mahenge aims to produce high-grade #naturalgraphite with a low strip ratio, powered by hydroelectricity and featuring dry tailings and simple processing, well suited to both battery and large flake markets. Learn more about the project: https://loom.ly/p8FpH9w #BlackRockMining #ESG #Mining #ASX

Via Stockhead Black Rock locks in more time to finalise Mahenge equity financing Black Rock Mining Ltd has more time to achieve financial close for its Mahenge #graphite project in Tanzania after securing an extension for its US$204m credit facility agreement. The extension of the facility gives #BKT additional time to finalise the remaining equity investment needed to fully fund development of the project while maintaining the existing lending arrangements. Deadline for financial close is now November 30, 2026. Continue reading: https://loom.ly/LMYgJPM #BlackRockMining #ASX #Mahenge

Black Rock Mining Ltd is an Australian based Company listed on the Australian Securities Exchange (ASX: BKT). The Company has an 84% interest in the world-class Mahenge #Graphite Project located in Tanzania. The Mahenge Project has one of the largest #graphite Resources in the world and the 2nd largest Graphite Ore Reserve (JORC-2012). #BKT has obtained all Environmental approvals, Mining Licences and its Resettlement Action Plan. The Company is now construction-ready subject to securing the balance of funding. Discover BKT: https://loom.ly/dhob0cw #BlackRockMining #NaturalGraphite #Tanzania #Mining #ASX

#ASXNews Extension of US$204m Debt Facility to November 2026 Black Rock Mining Ltd is pleased to advise the market that Black Rock and its 84%-owned Tanzanian subsidiary, Faru Graphite Corporation Limited (Faru) have secured an extension to Financial Close of the Debt Facilities Agreement (Agreement) to 30 November 2026. • Black Rock Mining Limited (ASX: BKT) (Black Rock, BKT or the Company) has secured an extension to the US$204 million credit facility agreement, with the deadline to achieve Financial Close extended to 30 November 2026. • The extension provides Black Rock with the necessary financial runway to finalise the remaining equity investment required to fully-fund the development of the Mahenge Graphite Project (Mahenge or the Project) in Tanzania. • The Banking Syndicate for the Facility Agreement remains unchanged, including CRDB Bank PLC (CRDB) as Facility Agent, Development Bank of Southern Africa Ltd (DBSA) and the Industrial Development Corporation of South Africa Ltd (IDC). • These facilities are in addition to the up to US$50 million in funding from strategic partner POSCO #BKT Managing Director and CEO John de Vries commented: "We appreciate the continued, strong support of our lenders CRDB, DBSA, and the IDC, as we progress the Project toward development. The ongoing commitment from local financiers underpins the importance of this project for the region. “This extension aligns our debt timeline with our ongoing commercial and equity discussions, ensuring we have a stable and robust framework to finalise the full funding package for the project." Read the announcement: https://loom.ly/zoO87Rk #BlackRockMining #ASX #Graphite

Via Stockhead Barry FitzGerald: After a 142pc gain, Garimpeiro reshuffles the deck in his virtual critical minerals ETF Garimpeiro has refreshed its own March 2025 critical metals ETF, now including Black Rock Mining Ltd. Trading mid-week at 1.1c for a market cap of $24 million, Black Rock is advancing the large-scale Mahenge project in Tanzania. The project is not as reliant on the EV sector as much as its ASX competitors because of Mahenge’s large flake graphite component (refractories, flame retardants and so on). Continue reading: https://loom.ly/t9jTp0g #BlackRockMining #BKT #ASX #Graphite

Black Rock Mining Ltd has an 84% interest in the world-class Mahenge #Graphite Project located in #Tanzania which hosts a multi-generational graphite resource and is one of the largest JORC-compliant flake graphite resources globally, with 213M tonnes @ 7.8% TGC, and a reserve of 70M tonnes @ 8.5% TGC. The Project is located in south-eastern Tanzania, in the Ulanga District of the Morogoro Region, approx. 350 km southwest of Tanzania’s largest city, Dar es Salaam, and 70 km south of the town of Ifakara. Learn more from #BKT: https://loom.ly/dhob0cw #BlackRockMining #ASX #Mining