Management of Stratmin Graphite says it has decided to temporarily close its smaller mill at its graphite operations north of Montreal. President Daniel Goffaux, attributing the cutback to a slowdown in sales, said the company is hoping to reduce inventories by cutting back on production. A 4-month shutdown is proposed.
Stratmin Graphite is owned 75% by Stratmin (ME) of Montreal and 25% by Mircal, a wholly owned subsidiary of French group Imetal.
The smaller mill at Notre-Dame- du-Laus, Que., is leased from Asbury and operates at a rate of about 400 tonnes per day. Feed for the mill is trucked from Stratmin’s Lac- des-Iles graphite deposit about 50 km north.
Stratmin’s newer and larger mill, built at the mine site, is operating at capacity of about 950 tonnes per day, Goffaux said. The new mill, which reached its rated capacity in December, can turn out about 20,000 tonnes graphite concentrate per year.
A preliminary reserve estimate of 23.6 million tonnes has been calculated for the entire graphite deposit. The open pit section is reported to contain (all classes) 4.4 million tonnes grading 7.4% graphitic carbon.
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