Walkabout Resources (ASX: $WKT) announcement

Walkabout Resources Limited (ASX: $WKT) has successfully produced and shipped the first consignment of on-specification graphite concentrate from the Lindi Jumbo Graphite Mine in Tanzania. The commissioning team is currently focused on improving plant performance, availability, and utilization, achieving significant cost efficiencies in power and fuel usage.

Executive Commentary on Lindi Jumbo Project

The successful production of on-spec, saleable product during the commissioning process at the Lindi Jumbo plant facility is an exciting milestone. To achieve our first concentrate shipment from site, at a time when customers are looking to shore up their graphite supply chains is a rewarding and outstanding outcome for the tenacity of our people, community, contractors, and shareholders. We now have the opportunity to engage with more end-users as we continue to demonstrate we have a viable product and that we are serious contenders in development of non-Chinese graphite supply.

Summary of Walkabout Resources (ASX: $WKT) announcement

Walkabout Resources Limited (ASX: $WKT) has achieved a significant milestone with the successful production and shipment of the first consignment of on-specification graphite concentrate from the Lindi Jumbo Graphite Mine. The company's focus on improving plant performance, availability, and utilization, as well as achieving cost efficiencies in power and fuel usage, bodes well for its future operations. The announcement also highlights the impact of US tariffs on Chinese graphite, which has improved product pricing and market conditions. Walkabout Resources remains fully exposed to resulting price increases and is well-positioned to take advantage of forecast market conditions for Large and Jumbo flake graphite products. The company's ambitions to engage with more end-users and demonstrate its viability as a serious contender in the development of non-Chinese graphite supply indicate a positive outlook for its corporate strategy and the announcement.