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This will increase the region’s strength in the supply of critical minerals beyond cobalt, which the continent has historically dominated. Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year.
In addition to the Lindi Jumbo Project, Walkabout is also exploring in south west Tanzania at the Amani Hard Rock Gold Project and southern Namibia at the Eureka Lithium Project. Roskill notes that Lindi Jumbo is one of a number of Australian-backed flake graphite projects worldwide, many of which are focused on Africa.
The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. The growing demand for spherical graphite has injected life into natural graphite supply chain development in the rest-of-world (ROW). ROW still far from developing a spherical graphite supply chain.
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