MRC concludes scoping study on Western Australia's Munglinup project

Following its announcement last week that it had executed a farm-in and joint venture agreement to explore for graphite in Western Australia, ASX-listed explorer Mineral Commodities (MRC) announced Monday that it had completed a scoping study and produced the resultant preliminary economics to underpin a near-term project development profile for the Munglinup graphite project, located in Western Australia’s global Tier 1 mining jurisdiction. MRC said the scoping study had been undertaken to assess the potential viability of an openpit mine and graphite-processing facility to be constructed on-site at Munglinup, as well as to optimise and schedule the site’s five “discrete yet proximal” graphite deposits, and to provide a production target for the site.