Lincoln Minerals' strategic graphite project

Lincoln Minerals (ASX:LML) is poised to become Australia's newest graphite producer through its Kookaburra Graphite Project. The company has completed a Pre-Feasibility Study (PFS) indicating promising economic prospects. The study outlines a phased development strategy to minimize upfront costs and enhance market entry.

Project outlook and strategic goals

Lincoln Minerals is advancing its Kookaburra Graphite Project with a strategic phased development plan. The project's PFS reveals a pre-tax NPV of A$114 million and an after-tax IRR of 41%, showcasing its financial viability. The phased approach, beginning at 75ktpa and expanding to 500ktpa, mitigates risks and optimizes capital. The company aims to supply both industrial markets and the EV battery sector, leveraging the growing demand for graphite. Additionally, Lincoln is considering downstream opportunities and ongoing exploration to enhance the project's economics and sustainability.

Executive insights on pre-feasibility study

The Pre-Feasibility Study highlights the strong economic potential of the Kookaburra Graphite Project. With its high-grade resource and strategic location, we are well positioned to enter the graphite market and capitalize on the growing demand from both traditional and emerging sectors.