Home Search Trends Watchlist Advertise Feedback Profile



Why is Castle Minerals Limited's Graphite Concentrate Production a Major Advance in Battery Anode Material Supply? Castle Minerals Limited

Why is Castle Minerals Limited's Graphite Concentrate Production a Major Advance in Battery Anode Material Supply?

Post image

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.

Story Continues.. after this ad because we need some dollarydoos



Furthermore, the heavy reliance on Chinese supplied anodes and batteries by 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.

Promote your business on our growing investor platform: Advertise With Us
Reply 224 Share

L
Lykshares 1y

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?

Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Reply
L
Lykshares 1y

#ASX:AZL Could the Dawson Bay Formation Unlock Arizona Lithium’s Full Potential?

Could the Dawson Bay Formation Unlock Arizona Lithium’s Full Potential?
Reply
L
Lykshares 1y

#ASX:CXO Is Core Lithium’s Finniss Project Poised for a Long-Term Comeback?

Is Core Lithium’s Finniss Project Poised for a Long-Term Comeback?
Reply
L
Lykshares 1y

#ASX:ENR Can Encounter Resources’ West Arunta Project Become Australia’s Next Major Niobium Discovery?

Can Encounter Resources’ West Arunta Project Become Australia’s Next Major Niobium Discovery?
Reply
L
Lykshares 1y

#ASX:RDN Can Raiden’s Latest Hires Unlock the Full Potential of the Andover Complex?

Can Raiden’s Latest Hires Unlock the Full Potential of the Andover Complex?
Reply
L
Lykshares 1y

#ASX:RDN Can Raiden’s New Drilling Program Unlock High-Grade Lithium at Andover South?

Can Raiden’s New Drilling Program Unlock High-Grade Lithium at Andover South?
Reply

L
Lykshares 1y

#ASX:ASN How Will Anson Resources' Green River Lithium Project Shape the Future of Sustainable Mining?

How Will Anson Resources' Green River Lithium Project Shape the Future of Sustainable Mining?
Reply