Flinders Resources Ltd is to pause operations
at its Woxna graphite mine and plant in Sweden until prices and
market demand improve.
CEO, Blair Way, said that even though the project had produced
commercial grades and specifications at competitive costs, weak
global demand for flake graphite in 2015 had pushed prices to
four-year lows of less than $700/tonne.
He added that
the decision had been taken to conserve the
company’s cash position of Canadian dollar (C$) 4m
($3.2m*) and that the plant will be maintained on a "production
Since recommissioning the
past-producing Woxna mine in July last year, Flinders has
sought to place its material in the European market and is
targeting the high purity (99.9% C) battery graphite industry
with its material.
observers told IM that the shuttering of Woxna
was a "reality check" for many graphite exploration companies
still quoting inflated prices. "We may see a rebound and then a
levelling out, but many of the price expectations we see from
pre-production companies are likely to be disappointed," one
market participant said.
Vancouver-headquartered miner Eagle Graphite
Inc. has produced 99.995% pure spheronised
graphite from a sample of flake graphite taken from the
company’s Black Crystal project in British
president, Jamie Deith, said that the company had exceeded its
target for producing battery-grade purity material "by a
said that it achieved the result without using the toxic
substances hydrofluoric acid or caustic soda, which is
significant given the growing consumer emphasis on "green"
production methods within the lithium-ion (Li-ion) battery
floated on the TSX-V in January, is expanding
its production and exploration projects in Canada and said it
aims to focus on the growing Li-ion market.
Canada, Focus Graphite Inc. has signed two
strategic offtake agreements with its graphene technology
partner, Grafoid Inc.
offtake, referred to as the 'Energy Offtake’,
commits Grafoid to acquire up to 1,000 tpa large flake graphite
from Focus’ Lac Knife project in Quebec,
representing nearly 7% of the mine’s estimated
annual large flake production of 14,606 tpa.
offtake, referred to as the "Polymer Offtake", will see Grafoid
take up to 25,000 tpa of Lac Knife’s graphite, or
56.4% of total yearly output, across all flake
not disclosed, but Focus’ CEO, Gary Economo, said
that initial terms for the offtakes had been laid down and that
the agreements reflected the strong, strategic relationship
between the two businesses. Grafoid Inc. has developed and
patented its own brand of natural graphite derived graphene
product, which it markets under the trademark,
graphite developer Western Mining Network Ltd
has signed a memorandum of understanding to acquire 51% of
South Korea-based graphene and carbon materials manufacturer,
Carbon Nano-Material Technology Co.
the deal was a first step in its long-term strategy to
supplement its in-house expertise in adding value to natural
graphite material by employing complementary third party
company is developing the Tamboli graphite project on the
island of Sulawesi in Indonesia, where drilling is underway in
preparation for a JORC resource estimate on the
Australia, Valence Industries Ltd has begun
operational graphite production at its Uley project in South
The company is
aiming to reach the facility’s nameplate capacity
of 14,000 tpa graphite by September 2015.
commence graphite shipping from the project via Port Adelaide
this month, under existing contracts to customers in Europe.
Asia Pacific customers will see their shipments sent shortly
company’s current rights issue to raise up to
Australian dollar (A$) 9.4m ($7.26m) closes today.
In the US,
TSX-V-listed Alabama Graphite Corp. has
reported average graphite grades of between 2.72% C and 6.12% C
from assay results of samples taken from its Coosa graphite
project in Alabama.
said that the latest set of results was for holes drilled on
the northeast portion of the property and that the drilling was
aimed at expanding the resource in this direction. Metallurgy
tests on the samples showed material in the +80 mesh
Graphite expects to release further results over the next
several weeks as its drilling programme progresses and aims to
complete an updated resource estimate for Coosa before the end
of the summer. A preliminary economic assessment of the project
is expected in the third quarter.
Metals of Africa Ltd has discovered high grade
graphite mineralisation at its Montepuez central graphite
project in Mozambique, with tests on samples from the
property’s Buffalo prospect yielding grades of
9.86% C from surface to a depth of 50 metres.
results at Montepuez’s Elephant prospect indicated
visual graphite mineralisation with grades estimated at between
5% C and 15% C between 8.7 metres and 93 metres.
site’s Lion prospect was also drilled and the
company said that all three prospects host different
Africa said it expects the present drilling programme to be
finished by August, with a maiden JORC resource estimate for
Montepuez set to commence afterwards.
Canada, Noveau Monde Mining Enterprises Inc.
has decided to focus on the Tony claim block (formerly known as
the Hotel claim block) at is Matawinie graphite property in
said that it has received all the permitting necessary to
proceed with work at Tony. This will consist of stripping and
trenching and 9,000 metres of core drilling with the aim of
defining an NI 43-101 graphite resource before the end of this
which is located 130km north of Montreal, has been renamed
after the geologist Antoine Cloutier, who discovered and
outlined the extent of graphite mineralisation at the
news, ASX-listed Talga Resources Ltd has
announced positive results from a 10-month assessment on
graphite and graphene samples from its Nunasvaara deposit in
Sweden by the Commonwealth Scientific and Industrial Research
128-page report found that Nunasvarra’s graphite
is highly crystalline, was formed from a biogenic carbon source
and that graphene liberated by Talga from the ore showed thin,
electron transparent 2-10 micron size properties.
achieved our objective of gaining a deeper insight to our
natural graphite-graphene deposits via a mineralogical
characterisation at a larger scale than provided by our
nanotechnology research programs," Mark Thomspon,
Talga’s CEO, said.
new data to better interpret how the deposit’s
graphite mineralisation formed. We believe this interpretation
will improve project economics as it facilitates optimised
mining and processing performance and highlights ideal
conditions under which deposit extensions may be found,"
the UK, AIM-listed Haydale Graphene Industries
Plc has applied for a patent in China on an aspect of
its plasma graphene functionalisation process.
"I am very
pleased that our application for a patent in China has been
allowed. This confirmation that we will soon be granted our
first patent is a real milestone in our intellectual property
(IP) strategy and protects our key technologies," Ray Gibbs,
Haydale’s chief executive, said.
some research China is the region with the most graphene
related patent applications and a revenue compound annual
growth rate (CAGR) of 95% to 2020 driven in the main by
'graphene’ composites," Gibbs added.
made June 2015