Kibaran Resources Limited (Kibaran or the Company) (ASX: KNL) is pleased to provide an update on the progress of its development program for the supply of battery (spherical) graphite products for the lithium-ion battery market.
Highlights
• German piloting work confirms the positive results of the 2017 downstream processing feasibility study and supports the phased commercialisation strategy to produce battery graphite for the lithium-ion battery market
• Preliminary funding support received from the German Government
• ™ registered as trademark for the global brand name highlighting the eco-friendly purification products to differentiate from current available market products
• Application of the new eco-friendly purification process to existing graphite feedstocks from Africa, South America, Europe, India and Asia is underway using the piloting facilities
• Product sample qualification using proprietary eco-friendly process by potential battery group customers leads to advanced discussions
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