Flinders Resources (FDR.V) has announced an update on its attempts to restart the graphite production at its Woxna project in Sweden. Production should be up and running again later this month, after the mine and plant have been on care and maintenance for the past thirteen years.
According to CEO Way, the company has been stockpiling ore for processing during the past few months and it looks like Flinders will be able to hit the ground running. We are looking forward to see the economics at Woxna in the current graphite price environment.
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Disclosure: The author holds no position in Flinders Resources. Please see our disclaimer for current positions.