Traditional market downstream test work of graphite concentrate from the Kasiya Rutile-Graphite Project in Malawi has delivered promising results for Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) as it sizes up a diversified global graphite supply chain.
The test work, conducted by independent consultancy ProGraphite GmbH in Germany, confirmed the product’s potential suitability for refractory materials – a sector that accounts for 24% of global graphite demand.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) has recapped what chair James Smith described as “a very exciting and significant” year, as the helium company reported its audited financial results for the year ending June 30.
Chief executive Lorna Blaisse, meanwhile, said it was a “transformational” year.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy described as a 'key marker' successful testing of the 10Ah cells in its Goliath batteries for electric vehicles.
By achieving its 'D6 milestone' the company has confirmed the increased capacity of the Goliath batteries and follows recent safety data from earlier prototypes.
Poolbeg Pharma PLC (AIM:POLB) has secured a US patent for one of its key drugs, POLB 001.
This treatment candidate is designed to tackle severe influenza and related complications such as cytokine storms - a dangerous overreaction of the immune system.
Critical Mineral Resources PLC (LSE:CMRS) has started trading metals and industrial minerals in Morocco after forming a partnership with a local company.
According to a statement from CMR, the partnership will provide a source of near-term cash flow and profits to support the core mission of acquiring and developing advanced mine development opportunities in Morocco.