Ann: WGX: Westgold Lithium Option Deal with Triton Minerals, page-533

head grade is not everything, only a factor on bulk tonnage to move to get the graphite.

More important is the quality of the product, and offtake arrangements.

“Ancuabe has market leading large/jumbo flake size distribution combined with high purity levels across all flake sizes making it suitable for both the lithium ion battery market and expandable graphite, where demand is being driven by flame retardant building materials. Our project will be based on simple mechanical flotation methods, avoiding the environmentally challenging acid purification treatments currently being used in China, which is the world’s largest producer of natural flake graphite.”