NextSource says Molo mine ops continue uninterrupted

Executive Summary

• NextSource Materials confirms that mining and processing operations at its Molo graphite mine in Madagascar remain uninterrupted despite the current political situation in the country.
• Shipments of SuperFlake graphite concentrate to international customers are proceeding normally from the port of Tulear.
• The company maintains its regular production and logistics schedules and continues to engage with community stakeholders to ensure stability.

Key Details

• Operational Status: Mining and processing activities at the Molo mine are continuing under normal conditions.
• Logistics: Shipments of SuperFlake graphite are proceeding without disruption from the port of Tulear.
• Production: The company is maintaining its regular campaign production schedule.
• Geographic Context: The political unrest is centered in Antananarivo, the capital city, which is located approximately 900 kilometers from the Molo operations.
• Community Engagement: NextSource maintains close engagement with community stakeholders and continues social development programs in Madagascar as planned.
• Monitoring: The company continues to monitor events in Antananarivo and will provide further updates if warranted.

Notable Quotes

• "NextSource Materials Inc. has confirmed that operations at its Molo graphite mine in southern Madagascar and shipments of its SuperFlake graphite concentrate remain unaffected by the current political situation in Madagascar."