NextSource Materials Inc. has made its first bulk container shipment of SuperFlake graphite from its Molo mine in Madagascar.
This first shipment of Molo SuperFlake graphite has been sent to the company's downstream technical partner's Battery Anode Facility (BAF) to be processed into spheronized, purified graphite (SPG) that will then be further processed into coated SPG (CSPG) as part of large scale, multi-step verification tests being conducted by electric vehicle (EV) supply chains in South Korea and Japan.
Graphite groups got big share mark-ups on news China has tightened restrictions on the export of certain types of carbon material.
Tirupati Graphite, which jumped 25% this morning, said it expects the price of graphite to rise once the controls are introduced in December.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said further drilling at the Gilar deposit in Azerbaijan confirms an extension to earlier discoveries with intercepts of up to 21 metres (m) of continuous gold and copper mineralisation.
Drilling in Gilar’s deeper zone has already indicated gold, copper and zinc with an intercept thickness of over 20m and this latest drilling further extends this, it added.
Metals One PLC (AIM:MET1) has reported that two drill holes at the SRH Råna project in Norway have shown “high-grade massive sulphide nickel, copper, and cobalt mineralization”.
The results from the two holes indicate strike length of 150 metres, within a previously undrilled area which is open along strike and down dip, the company said in a statement.
Canadian life sciences firm Ondine Biomedical Inc (AIM:OBI) said that its Steriwave nasal photodisinfection protocol contributed to a 66.5% decrease in spine surgery infection rates at Vancouver General Hospital.
Not only that, it is estimated to have helped garner $2.5 million in savings.
Frontier IP Group PLC (AIM:FIPP) has taken a 32.8% stake in Deakin Bio-Hybrid Materials, a Manchester-based cleantech startup based at the Graphene Engineering Innovation Centre at the University of Manchester.
DeakinBio has developed BioSintering, an alternative to ceramic tiles made from organic waste such as chickpea broth or algae, along with widely available inorganic powders such as crushed limestone.
Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said it expects prices to rise following China's introduction of export controls from the start of December in a move it says will safeguard its national interests.
Flake graphite is the largest constituent of lithium-ion batteries used in electric vehicles (EVs) and grid energy storage with supplies currently dominated by China.