Walkabout soars on graphite funding in Tanzania

Apr 13, 2021 | News

Walkabout Resources Ltd’s persistence and perseverance in Tanzania has paid off with the company announcing a funding deal for the construction of its Lindi Jumbo graphite project in Tanzania.

Tanzanian bank – CRDB – will provide a debt facility of $US20 million for the construction of Lindi Jumbo. The facility covers over 62% of the total construction cost of Lindi, which is the first graphite mine outside of China to receive debt funding.

Catch the Walkabout team at this year’s Battery Minerals Conference JUNE 2 Perth