RE: RNS19 Feb 2020 07:05
George Frangeskides, Executive Chairman, commented:
"I am delighted that we have been able to secure the expertise of Dr Christoph Frey and his team at ProGraphite in Germany to oversee the next phase of testwork at our high-grade Amitsoq graphite project."
"Given the premium prices attached to the spherical graphite that is used in battery applications (upwards of $3000 per tonne), it is certainly well worth assessing whether Amitsoq graphite is amenable to the production of a high purity product which can be used in lithium-ion batteries, as this will add another, increasingly important market for our product."