IMX Confirms Chilalo Graphite Suitable for Expandable Market

IMX Resources Ltd. (ASX:IXR) announced that testing by end users has confirmed that its Tanzania-based Chilalo graphite project could supply the expandable graphite market.
Highlights are as follows:

• Testwork conducted by major Chinese end user confirms expansion rates exceeding 1,000 times – (ie. 1 gram of Chilalo graphite produces over 1 litre in volume of expandable graphite)
• Chilalo graphite has highest expandability of all graphite they have tested, both domestic and international
• Confirms suitability for the high-margin, fast-growing expandable graphite market
• Confirms Chilalo’s coarse flake graphite is suitable for production of high-value products such as graphite foil and graphite paper whilst Chilalo’s fine and medium flake graphite confirmed as ideally suited to the high volume flame retardant building materials market
• Demand for expandable graphite set to rapidly accelerate following introduction of Chinese legislation mandating the use of flame-retardant building materials in construction of new buildings and renovations to existing buildings
• Discussions with major Chinese consumer of expandable graphite at an advanced stage

Click here to read the full IMX Resources Ltd. (ASX:IXR) press release.