More
    HomeNorthern UgandaConstruction of Orom-Cross Graphite Mining Facility Kicks Off

    Construction of Orom-Cross Graphite Mining Facility Kicks Off

    Published on

    spot_img

    The construction of an Orom-Cross Graphite mining facility in Orom East Sub-county, Kitgum district in Northern Uganda will kick off next year, this according to Vincent Kedi, the Assistant Commissioner of Licensing and Administration in the Minister of Energy has revealed.

    Blencowe acquired the Orom-Cross Graphite Project in April 2020 from the Australian Firm, Consolidated African Mineral Resources Co Ltd which was handed a 21-year-long mining license in 2019 by the government.

    Government initiated the first phase of the ten installment phases of compensation to the project-affected persons in 2020 with 700 million Shillings disbursed. The second phase of the compensation totaling about 665 million Shillings is expected before the end of this year, while the third phase will be paid in December 2024.

    Graphite has many benefits and can be processed and used in lithium-ion batteries, and carbon electrodes among others. Blencowe Resources Limited expects to have the first phase of graphite production by 2025 and requires an initial capital of US$62 Million.

    Latest articles

    10 Best Cities to Visit in Africa

    Africa is a favorite destination with nature and wildlife holidays thanks to its diversity,...

    What are the 3 Popular Car Brands for Hire?

    4x4 Wheel Drive Toyota cars are the most popular brands for car hire in...

    What is the Future for the Rwenzori Glaciers?

    The future of the glaciers in the Rwenzori Mountains is uncertain and is subject...

    Can Anita Among Weather the Storm?

    In the intricate game of Ugandan politics, loyalty can be both a shield and...

    More like this

    10 Best Cities to Visit in Africa

    Africa is a favorite destination with nature and wildlife holidays thanks to its diversity,...

    What are the 3 Popular Car Brands for Hire?

    4x4 Wheel Drive Toyota cars are the most popular brands for car hire in...

    What is the Future for the Rwenzori Glaciers?

    The future of the glaciers in the Rwenzori Mountains is uncertain and is subject...