Lincoln Minerals (ASX:LML) outlined a staged development strategy for the Kookaburra graphite project in South Australia.
The first phase will target production of up to 20,000 tonnes per annum of graphite concentrate from the existing mining license ML 6460, according to a Thursday filing with the Australian bourse.
This will be followed by the expansion of operations to up to 75,000 tonnes per annum of graphite concentrate in the second phase.
The miner expects to deliver an updated prefeasibility study for Kookaburra in the fourth quarter.
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