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Sovereign Metals: Downstream Testwork Reveals High Quality Graphite


Spherical Purified Graphite (SPG) Testing

- SVML provided ProGraphite with graphite concentrate from Kasiya:

- ProGraphite is a leading independent consultancy, based in Germany

- ProGraphite have conducted micronisation and spheronisation to produce Spherical Purified Graphite (SPG)

- Initial results show Kasiya SPG has world leading specifications

SPG Results

- SPG demonstrated exceptionally low levels of residual impurities achieving a 99.99% loss-on-ignition (LOI)

- SPG demonstrated spheronisation yields of up to 68%

- SPG Material is now undergoing coating and electrochemical testing to characterise CSPG active anode material for lithium--ion batteries.

Market Intelligence

- Commercialising the World’s largest rutile resource & World leading Graphite discovery

- PFS post tax NPV8 of $1.6Bn

- Rio Tinto Strategic investor at 15%

- Cash & Equiv. of $39.4m (1H24)

- Technical committee comprises 3 SVML employees and 3 Rio Tinto employees

"These results clearly demonstrate that Kasiya has the potential to disrupt the China dominated graphite supply chain as a long term, secure source of high quality graphite ex-China. We believe Kasiya graphite will have industry low operating costs and is also one of the largest graphite resources globally holding a significant advantage over its graphite peers. We are very pleased to achieve these outstanding results at this stage of the program and will continue fast tracking our graphite product development and qualification campaign."

Frank Eagar, Managing Director

What's Hot 8th May 2024

Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results

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