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Alabama Graphite Initiates Pilot Plant for the Coosa Graphite Project
Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF,FWB:1AG) announced the initiation of the pilot plant at SGS Mineral Services of Lakefield, Ontario, for the Coosa Graphite Project.
Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF,FWB:1AG) announced the initiation of the pilot plant at SGS Mineral Services of Lakefield, Ontario, for the Coosa Graphite Project. SGS will also conduct a variability analysis, flowsheet optimization and concentrate analysis of the Coosa graphite material.
As quoted in the press release:
Construction of the Coosa Graphite Project pilot plant is currently underway, with mechanical commissioning targeted for September 30, 2015. AGC’s pilot plant was designed, is currently being built, and will be operated by SGS and managed by graphite-industry veteran metallurgist Oliver Peters, MSc, P.Eng., MBA (Consulting Metallurgist for SGS and Principal Metallurgist of Metpro Management Inc.). The pilot plant is anticipated to result in the production of multiple tons of graphite concentrate for the Company’s specialty graphite development initiatives, in addition to conveying material to several potential offtake partners for evaluation. As announced on June 25, 2015, AGC has commenced the testing of graphite from its Coosa property for use in lithium-ion batteries, specifically the production of coated spherical graphite (“CSPG” or “battery-ready graphite”) for use in lithium-ion battery anodes.
Approximately 200 tons total of graphitic material from the Coosa Graphite Project was excavated from 10 pit locations within the resource grid. The specific pit locations were targeted by Pierre Desautels, P.Geo., Principal Geologist of AGP Mining Consultants Inc. (“AGP”) of Barrie, Ontario, in conjunction with Metal Mining Consultants Inc. of Highlands Ranch, Colorado, while working on updating the Coosa Graphite Project’s resource model in support of the forthcoming updated Mineral Resource Estimate. AGP was awarded the contract for the Coosa Graphite Project’s Preliminary Economic Assessment (“PEA”) (see news release dated July 27, 2015), scheduled for completion in Q4 of 2015. As announced on July 23, 2015, the Company’s updated Mineral Resource Estimate is currently underway with Metal Mining Consultants and is scheduled for completion by the end of this month (September 2015).
Alabama Graphite Co-Chief Executive Officer, Donald Baxter, said:
“AGC has reached yet another significant milestone with the commissioning of our pilot plant at SGS, which is a critical component of Coosa’s mine development plan. By the fourth quarter this year, we expect to have multiple tons of our finished graphite for our specialty graphite development initiatives (namely coated spherical graphite for use in anodes in the expanding lithium-ion battery market), and to convey to several potential offtake partners for evaluation. I recently spent one week onsite at the Coosa property to supervise the preparation of the bulk sample, and was pleased with efficiency of our team and the ease of preparing the material for transport.
As one of very few mining engineers outside China to have ever mined and processed flake graphite, I can attest to the advantageous characteristics of our weathered (oxidized) soft, graphitic material.”
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