South Nachu, Ruangwa — Tanzania

A world-class graphite deposit in the heart of East Africa

62.3 million tonnes of ore reserve. 140km² licensed area. Positioned in one of the world's most significant flake graphite belts — ready for production at scale.

$104mUSD
Net Present Value
35%
Ungeared IRR
$46mUSD
Annual Revenue (avg.)
27yrs
Total Mine Life
62.3mMt
Ore Reserve
360ktpa
Annual Production (Ore)
82%
Return on Net Assets
$40mUSD
CapEx Phase 1

South Nachu Graphite Mine

Successfully completed exploration and technical development phases of the Project, with 796,500t of proven resources through 3km² sampling. The team is ready to build a mining operation at scale.

Technical work is supervised by an in-house operational team with industry experience spanning Germany, Brazil, Sri Lanka and Tanzania — years of graphite mining experience on similar projects for publicly-listed competitors.

Through a multi-generational presence in Tanzania, the team has developed an excellent contact base and strong government support to pursue the project. The operational landscape is a mining-friendly region with internationally significant graphite reserves.

Licensed Area 140 km²
Surveyed Area 15 km²
Sampled Area 3 km²
Ore Reserve 62.3m Mt — 3.7% TGC
Reserve Classification 41% Proven, 59% Probable
Plant Throughput 28,800 tpa
Avg. Operating Cost $780/t USD
Basket Sales Price (est.) $1,900/t
Mine Location
South Nachu, Ruangwa District — Lindi Region, Tanzania
South Nachu Graphite Deposit

Strong returns, proven fundamentals

Phase 1 capital expenditure of $40m USD unlocks a project with a net present value of $104m and 35% ungeared IRR.

Net Present Value
$104mUSD
Discounted project value
↑ Strong NPV
Ungeared IRR
35%
Internal rate of return
High yield
Annual Revenue
$46mUSD
Average per annum
Avg. over mine life
Return on Net Assets
82%
RONA
Exceptional efficiency
Phase 1 CapEx
$40mUSD
Capital expenditure
Avg. Operating Cost
$780/t
Per tonne USD
Basket Sales Price
$1,900/t
Estimated
Total Mine Life
10yrs
Operational period
360,000 tpa production

The world needs more graphite

The South Nachu project produces Flake Graphite — the most important natural graphite commodity, accounting for 80–90% of the value of US natural graphite imports.

As transport continues electrification, demand for graphite is accelerating. Global graphite demand is expected to significantly exceed supply, driven by the rapid growth of li-ion batteries for EVs and grid-scale storage.

China currently dominates global graphite production at approximately 67% of worldwide output. The South Nachu project positions Eminent Minerals as a critical non-Chinese supplier to global markets — with strong policy support in the US, EU and beyond.

Li-ion Batteries EV Anodes Refractories Fuel Cells Lubricants Supercapacitors Brake Linings Aerospace
Demand Drivers
EV Batteries
92%
Grid Storage
75%
Refractories
58%
Fuel Cells
44%
Industrial
30%
Market Position
Non-Chinese
Supply Source
Critical for US, EU & Asian buyers seeking supply chain diversification

From mine to end user

The South Nachu project sits at the upstream of a high-value graphite supply chain serving the world's fastest-growing industries.

Stage 01
Mining

Extraction of flake graphite ore at South Nachu, Ruangwa

MachineryEPCEnergy
Stage 02
Processing

Spheronization and refinement into battery-grade graphite

RefinementSpheronization
Stage 03
Manufacturing

Anode production and li-ion cell manufacturing partnerships

Anode ProductionLi-ion Cells
Stage 04
End Users

Li-ion batteries, refractories, aviation, lubricants and more

EV BatteriesAviationIndustrial

Led by experienced operators

A multi-disciplinary team with deep roots in Tanzania and decades of experience across mining, finance, and geology.

HK
Haider Khaki
Chairman

Seasoned executive with experience across Energy (Oil & Gas, Renewable), Chemicals, and Metals & Mining. Led development of technology solutions through corporate partnerships in Kuwait, Iraq, New Zealand, and the United Kingdom.

SK
Shafiqali Khaki
Chief Executive Officer

Established entrepreneur in Tanzania with experience scaling early-stage ventures. University of Miami graduate. Previously managed Airline & Transport, Wholesale Trading and Technology businesses. Founder of Eminent Minerals.

MV
Mahmood Versi
Chief Financial Officer

Tanzanian national with over 20 years of experience across Transport, Real Estate, and the Service sector. Former Finance Director of a multinational Transport and Logistics company. Expert in Tanzanian tax and financial planning.

AK
Abiel Kyamanywa
Lead Geologist

Tanzanian national with over 20 years as an Exploration Geologist. Work spans Gold, Gemstones, Diamonds, and Battery Minerals. One of the foremost geologists in the East African region with deep expertise in mineral exploration.

Investor Enquiries

Interested in the South Nachu project?

We welcome conversations with serious investors, off-take partners, and strategic buyers. Get in touch with the Eminent Minerals team.

Contact Us