(MENAFN- ProactiveInvestors)
() has appointed graphite specialist Christoph Frey to further development of its graphite projects in Tanzania from 1 May 2015.Frey is a qualified process engineer who has worked exclusively in the natural graphite industry for the past 22 years.He was previously engaged with Magnezit Group Europe GmbH (Germany) and served as Project Manager at Dalgraphite Limited in Russia. From 2010 to 2013 he served as Technical Director at Graphit Kropfmuehl AG where he worked on the Ancuabe graphite mine in Mozambique. Frey’s expertise includes - Supervision of graphite mining and processing;- Evaluation of new graphite projects;- Managing development of product portfolios from graphite concentrate to higher value graphite products;- Graphite sales; and- Procurement for graphite projects.He will assist Kibaran and GR Engineering in completing the Bankable Feasibility Study for the Epanko Project particularly in relation to process design review processing equipment selection and procurement.Under the appointment agreement Frey will work exclusively with Kibaran in relation to graphite projects within the Southern African Development Community group of countries.In addition he has direct experience in production of battery grade graphite and has recently been evaluating the use of graphite in high tech applications including the production of nanoparticles and nanopowders. This experience will assist Kibaran to progress its downstream value add initiatives including its battery related growth strategy and 3D printing.“Kibaran is delighted to have Christoph join the team” executive director – projects Grant Pierce said.“His depth of experience and his contacts within the graphite industry are second to none. He will be a valuable asset as we drive the Epanko Graphite Project into development.”Earlier this month Kibaran raised $4.1 million through an oversubscribed share placement to fund completion of the BFS for Epanko.The company is seeking to raise up to a further $1 million through a share purchase plan on the same terms as the placement or $0.17 per share. Proceeds will fund continued development of the wholly-owned Epanko Graphite Project through to Decision to Mine. The BFS is expected by the end of June.
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