NextSource Materials Inc. announced that construction of the processing plant and mining camp for the Company's Molo Graphite Mine in Madagascar is now complete, and that the entire mining fleet is at site. Electrical interconnections between plant modules are in progress, which will be followed by commissioning and the start of mining activities. Plant commissioning will be followed by a ramp up period of up to three months prior to achieving commercial production.

Phase 1 of the Molo Graphite Mine is designed to process 240,000 tonnes per annum (tpa) of ore resulting in a name plate production capacity of 17,000 tpa of flake graphite.