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Black Rock buys time to unlock Mahenge graphite funding
9:23am on Thursday 29th of October, 2026 AEDT
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Mining
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Black Rock buys time to unlock Mahenge graphite funding
9:23am on Thursday 29th of October, 2026 AEDT
Key Points
US$204 million debt facility deadline extended to 30 November 2026
Remaining equity funding required before debt can be drawn
A$2.1 million cash and no drawn debt at 30 September
Early works nearing completion, with earthworks tied to funding and wet season
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