on South Star Battery Metals Corp. (isin : CA8404352004)
South Star Announces Successful Product Qualification and 100-Tonne Sale of Natural Flake Graphite Concentrate to U.S. Customer
South Star Battery Metals Corp. has announced a binding commercial sales agreement for the purchase of 100 tonnes of graphite concentrate from its Santa Cruz Graphite Mine in Bahia, Brazil. The commissioning of the Santa Cruz Phase-1 Plant is underway, marking it the first new natural-flake graphite mine in the Americas this century. The Phase-1 Plant aims to produce 1,000 tonnes monthly, with initial orders expected to be met in Q4 2024.
The client's identity and commercial details remain confidential. South Star President and CEO Richard Pearce emphasized the significance of the sale, attributing it to the high quality of South Star's Brazilian graphite, which met rigorous testing standards.
South Star is focused on producing high-quality graphite concentrates for various industrial applications and advancing value-added battery-graphite products, with commercial sales planned for Q4 2026. The company aims to update the market on further developments with other potential customers soon.
R. H.
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