DNI Metals is on course to become the world’s lowest cost graphite producer. Hosting two prolific projects, both properties are 100% owned by DNI, called the Vohitsara and Marafody located in Madagascar demonstrating the following advantages:
1)Fully Permitted 2) Saprolite 3) Highway Access, 50kms to an international port
4) Main Zone 3kms 5) 63 Sq KMS 6) Offtake Agreement 7) Satellite Processing Plant
Located in east central Madagascar, the property stradles the paved, National Highway. Toamasina is Fifty kilometres down the highway from the property, and is the major, deep water port, handling 90% of Madagascar’s container traffic and 80% of all trade traffic.
Several past producing graphite mines surround the DNI Property. Stratmin’s currently operating mine lies fifty kilometres to the south. The high graphitic content and 70% large flake distribution, typical of the region, place it as one of the best quality producers on earth.
Sherritt’s Ambatovy Ni-Co mine employs a 220km pipeline, which runs through part of DNI’s Property, to transport slurried ore from their open pit mine to a processing plant in the port city, Toamasina.
- 50 km to port on a paved highway
- Large flake graphite
- Saprolite (weathered rock) average depth 28m
On July 26, 2017, the Company entered into a non-binding agreement (“LOI”) to buy a property in Madagascar called the Marafody property, which is now paid in full.
Daniel J. Weir, Executive Chairman
Dan has worked for over 20 years at some of the top financial firms in Canada. He worked as an Institutional Equity Trader, and as a broker he managed over $500 million. Before joining DNI in November 2014, he was the Head of Institutional Sales at a boutique firm focused on financing Mining companies. Having raised millions of dollars, both public and privately, Mr. Weir has expertise at evaluating and financing mining deals. Dan has managed large high tech electrical and energy management projects, having put himself through University as an Electrician. Dan graduated from University of Toronto.