Lithium Energy Scores High Marks for Burke Graphite Battery Anode Material Testwork

THE DRILL SERGEANT: Lithium Energy (ASX: LEL) announced “excellent” spheronisation and purification testwork results with graphite concentrate produced from the company’s Burke graphite project in north-west Queensland.

Lithium Energy said the results, although hard to pronounce, would provide key design criteria metrics to enable the company to progress the Battery Anode Material (BAM) Facility component of its current Pre-Feasibility Study (PFS).

The completed BAM testwork has defined the process flowsheet requirements to produce high purity 99.97 per cent Total Graphitic Carbon (TGC) spheronised graphite material, which will be suitable as feedstock for the battery anode making process.

“The exceptional results of the BAM testwork conducted on the 95 per cent TGC Burke graphite concentrate have surpassed expectations,” Lithium Energy executive chairman William Johnson said in the company’s ASX announcement.

“The development of a flowsheet that supports a two-product strategy, along with the exceptional purity of the final spherical purified graphite of 99.99 per cent TGC, underpins the quality of the Burke graphite and supports the vertically integrated BAM strategy Lithium Energy is implementing.

“We anticipate that the restrictions placed on graphite exports by China will further tighten the market and accelerate the demand for natural graphite, which is a key battery anode material required in all lithium-ion batteries.

“Given the high-quality BAM results from the Burke graphite deposit, the overall metallurgical characteristics and favourable location in North-West Queensland, the Burke graphite project is very well positioned to take advantage of this expected massive growth in demand for battery anode material.

“We are excited to be taking this next step in the advancement of Burke and to be playing an important role in supporting the decarbonisation of the world.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE