Leading Edge Materials Update on Woxna Battery Grade High Purity Graphite Qualification

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct 3, 2016) – Leading Edge Materials Corp. (TSXV:LEM) (OTCQB:LEMIF), (formerly, Flinders Resources Limited) is pleased to provide results from independent test work completed on samples of Woxna high purity spherical graphite. Test work was directed at characterization of the high purity graphite, and to determine its suitability for use in lithium ion battery anode manufacturing.
The high purity spherical graphite used in test work was produced using graphite concentrate from the Company’s 100% owned Woxna graphite mine and processing facility in Sweden. The Woxna project is fully permitted and operational ready for the annual production of approximately 10,000 tonnes of graphite concentrate.
The process to qualify graphite for the high quality lithium ion batteries used in electric vehicles has many steps. These first rounds involve grams of material and then advances to kilograms followed by more extensive testing in tens of kilograms. Fortunately, we have sufficient stockpiles of graphite concentrates in our warehouse to advance through these many tests as expediently as possible over the coming months. This latest round of test work achieved high electrochemical performance results, and exceeded expectations in most measured values. The Woxna high purity spherical graphite exhibited high reversible capacity of 360 mAh/g that is close to the theoretical maximum of 372 mAh/g.
Blair Way, President and CEO, states: “This is an important step in the process to qualify Woxna graphite for the high value and growing lithium ion battery market. With a fully operational mine and process facility, we are in a strong position to become a partner of choice in the supply of high purity spherical graphite. I look forward to sharing the results of our testwork over the coming months as we progress to qualify our graphite mine products for lithium ion battery customers.”