Interesting Excerpts:-
“The second objective, which would be initiated if we have a good share purchase plan, is to complete our spherical graphite test work which is really to get to the point where we can demonstrate the production of a high-purity graphite product at 99.95% graphite and that’s the test work program in Germany.
“The strategy is to produce a graphite business but we want to get it to the point where we’re producing this higher-purity graphite which can go straight into the graphite battery anode."
Once funds from the share purchase plan have been received, Peninsula will advance stage II and work with a German metallurgical contractor to complete work to prove concentrate from its fine flake can produce spherical graphite of more than 99.95% TGC, the final input to lithium-ion batteries.
Geologist-MD Dugdale said: “The process we’re going through now is to do that metallurgy in Germany, using the latest technology, using sphericalisation machines and purification.”
The Australian Government science arm CSIRO is going to be involved in stage III as the company hopes to successfully use an alternative purification to the “environmental nasty” hydrofluoric (HF) acid which is used in China in spherical graphite production.
Dugdale said: “We’re working with the CSIRO … to produce non-hydrofluoric acid purification and we want to be able to drill the resources at the same time as we’re getting this next step — the spherical graphite work.”
Geologist-MD Dugdale said: “The process we’re going through now is to do that metallurgy in Germany, using the latest technology, using sphericalisation machines and purification.”
The Australian Government science arm CSIRO is going to be involved in stage III as the company hopes to successfully use an alternative purification to the “environmental nasty” hydrofluoric (HF) acid which is used in China in spherical graphite production.
Dugdale said: “We’re working with the CSIRO … to produce non-hydrofluoric acid purification and we want to be able to drill the resources at the same time as we’re getting this next step — the spherical graphite work.”
Peninsula has already secured a site for a production facility in Korea located next to a steel plant that can take the inputs the company does not use in spherical graphite.
While the company will not be the world’s biggest graphite product producer, it will hold the competitive advantage of being in the country whose battery-makers are the biggest producers of lithium-ion batteries in the world.
Battery-makers will be able to bring down their trucking miles and maintain the integrity of spherical graphite inputs at a key time when suppliers will continue to be on the hunt for alternative supply sources to China.
http://www.*.co.uk/companies/news/2...aphite-commercialisation-strategy-205273.html
- Forums
- ASX - By Stock
- XTC
- Interview with Jon Dugdale
Interview with Jon Dugdale
Featured News
Add XTC (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.6K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
XTC (ASX) Chart |
Day chart unavailable
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online