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Why is Castle Minerals Limited's Graphite Concentrate Production a Major Advance in Battery Anode Material Supply? — ASX:CDT| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$CDT
Why is Castle Minerals Limited's Graphite Concentrate Production a Major Advance in Battery Anode Material Supply?
Castle Minerals Limited has achieved a significant milestone in the production of commercial grade bulk fine flake graphite concentrate at its Kambale Graphite Project in Ghana. This breakthrough could have major implications for the supply of Battery Anode Material (BAM) used in the production of lithium-ion battery (LiB) anodes.
The successful test work conducted using a conventional grind and flotation concentration circuit resulted in a graphite concentrate grading 95.1% Total Graphitic Carbon (TGC). The bulk concentrate will now be transported to Germany for appraisal, including electrochemical and electric vehicle (EV) battery performance tests.
With forecasts predicting an additional 100 to 120 million light EVs on the road by 2030, there is an urgent need for a reliable supply of battery-grade graphite. Each EV contains between 30kg and 60kg of battery-grade graphite, and the current supply is inadequate to meet this demand. Furthermore, the heavy reliance on Chinese supplied anodes and batteries by
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USA and EU vehicle manufacturers presents an opportunity for alternative supply chains.
Castle's Kambale Graphite Project is well positioned to become a potential supplier to the USA and EU markets. The project boasts a large and shallow-depth graphite deposit, installed hydro-generated "green-grid" power in close proximity, excellent roads, and access to two international ports. These factors enhance the project's development credentials.
Further progress is expected, with the final results from a recent infill RC drilling program and an update to the Mineral Resource Estimate set to be reported shortly. A scoping study will then evaluate the technical and commercial merits of developing Kambale as a reliable source of battery anode material.
Castle Minerals Limited (ASX: CDT) is focused on advancing the Kambale Graphite Project in Ghana, holding the Kambale Graphite Limited (KGL) subsidiary. The successful test work for commercial graphite concentrate production was conducted under the supervision of Metallurgy Pty Ltd and Independent Metallurgical Operations Pty Ltd.
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L
Lykeshares
146d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
146d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
177d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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