RE: RNS8 Nov 2022 07:07
GreenRoc's CEO, Stefan Bernstein, commented:
"The successful micronisation and spheronisation of graphite concentrate from the Lower Graphite Layer at the Amitsoq Island deposit is a very significant milestone for our flagship project. It shows that our graphite can be processed into anode-grade graphite, a key raw material in the manufacturing of EV batteries for electric cars. Furthermore, the characteristics of the Amitsoq spherical graphite, such as tap density and narrow size distributions, meet important requirements for anode material.
"It is notable that ProGraphite found that only four flotation cleaning stages were required to reach a primary concentrate product of at least 96.5% graphite. This is very positive as it suggests that our future processing plant in Greenland will be able to run with a reduced number of cleaning stages compared to what had previously been assumed. This will shorten processing time, conserve energy and reduce the costs of production. Over the coming weeks we will conduct further testing and characterisation of our spherical graphite product.
"Spherical graphite is presently only produced in China, so with these test results, Greenroc Mining is well positioned to become an important supplier of raw materials to the EV industry."