POSITIVE INITIAL TEST RESULTS FOR USE OF KASIYA GRAPHITE IN REFRACTORIES • Testwork to confirm the suitability of Kasiya graphite for traditional applications is underway with an initial focus on the refractory materials sector • Refractory materials production accounts for 24% of global graphite demand and requires large flake graphite with high oxidation resistance • Initial independent tests confirm that Kasiya’s course flake (>180-micron) graphite concentrate exhibits high oxidation resistance o No oxidation below 400°C o Only 6.4% mass loss after 4 hours at 650°C o Very low oxidation rate of 1.6% per hour at 650°C • These initial results coincide with news that China plans further export restrictions of items used in civilian and military applications, including graphite and titanium alloys • Results will form the basis for ongoing and future discussions with potential traditional graphite off-takers; previous testwork has confirmed that Kasiya graphite can produce outstanding anode materials suitable for battery production
SVM Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)