NextSource Materials Inc.
NEXT.TOSmall CapGraphite
Price History
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About NextSource Materials Inc.
Developing the Molo graphite mine in Madagascar, producing SuperFlake graphite concentrate for battery and industrial markets.
Primary Commodities
Graphite
Project Economics
UAE Battery Anode Facility (BAF)
Graphite (Anode Materials)· Abu Dhabi, United Arab Emirates· Development
Pre-Feasibility
Oct 2025
NPV (After-Tax)$442M
NPV (Pre-Tax)$442M
IRR (After-Tax)24.2%
Initial Capex$291M
Payback4.6 yrs
Annual Production30,000 tpa (10,000tpa PFG + 16,000tpa SPG + 4,000tpa CSPG)
Ownership100%
Source: Company presentation
Molo Graphite Expansion
Graphite· Madagascar· Development
Feasibility
Jan 2024
NPV (After-Tax) @ 8%$370M
NPV (Pre-Tax)$424M
IRR (After-Tax)29%
Initial Capex$187M
Payback3.1 yrs
AISC714.3 USD/t concentrate
Annual Production150 ktpa concentrate
Head Grade6.23% Cg
Recovery88.3%
Mine TypeOpen-pit
Strip Ratio0.3:1
Contained Metal6,289 kt graphite
- Mineral Reserves
- 53.7 Mt at 6.15% Cg containing 3,306 kt of graphite (Proven: 21,334 kt at 6.25% Cg; Probable: 32,412 kt at 6.09% Cg)
- Mineral Resources
- 100.37 Mt at 6.27% Cg M&I (Measured: 23.62 Mt at 6.32% Cg; Indicated: 76.75 Mt at 6.25% Cg) plus Inferred: 40.91 Mt at 5.78% Cg
Source: Technical report
Molo Graphite Mine
Graphite· South-west Madagascar· Production
Feasibility
Sep 2023
Mine Life100 yrs
Annual Production11 ktpa graphite concentrate
Head Grade6.2% C
Ownership100%
- Mineral Reserves
- 54Mt @ 6.2% C
- Mineral Resources
- 141Mt @ 6.1% C
Source: Company presentation
Molo Graphite Mine Expansion
Graphite· South-west Madagascar· Development
Feasibility
Sep 2023
Ownership100%
Source: Company presentation
Molo Modular Phase 2
Graphite· Madagascar· Development
PEA
Jan 2022
NPV (After-Tax) @ 8%$593M
NPV (Pre-Tax)$905M
IRR (After-Tax)31.4%
Initial Capex$156M
Payback3.7 yrs
Mine Life26 yrs
Annual Production150,000 tpa graphite concentrate
Head Grade6.16% C
Recovery88.3%
Mine TypeOpen-pit
Strip Ratio0.53:1
- Mineral Reserves
- Proven: 14,169,741 t @ 7.00% C; Probable: 8,266,944 t @ 7.04% C; Total P&P: 22,436,685 t @ 7.02% C
- Mineral Resources
- Measured Low Grade: 13,048,373 t @ 4.64% C; Measured High Grade: 10,573,137 t @ 8.4% C; Indicated: 76.75 Mt @ 6.25% C; Inferred: 40.91 Mt @ 5.78% C
Source: Technical report
Green Giant Project
Vanadium· Fotadrevo, Province of Toliara, Madagascar· Exploration
Resource Estimate
Jan 2011
Ownership100%
- Royalties / Streams
- 2% NSR to MMR, with buyback option for first 1% at US$500,000 and second 1% at US$1,000,000
Source: Technical report
Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.
Financial Metrics
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Quick Facts
- Ticker Symbol
- NEXT.TO
- Market Cap
- Small Cap
- Category
- Graphite
- Commodities
- Graphite
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.
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