Black Rock Says Tanzania Unit's Licence Default Notice Lifted

MT Newswires Live

2025/05/12

Black Rock Mining (ASX:BKT) said that a default notice issued to its Tanzanian unit, Faru Graphite, over the Mahenge graphite project license has been lifted by Tanzania's Mining Commission, according to a Monday filing with the Australian bourse.

The company said it responded promptly to a notice made by the regulator with documentation and received confirmation on May 9 that the notice had been withdrawn.

Black Rock Mining confirmed that there are no impediments to operations.

Shares of the company rose 20% on market close.

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