Magnis Resources Achieves 99.99%TGC Coated Spherical Graphite Without Chemical Purification

Magnis Resources (ASX:MNS) announced the latest results from ongoing qualification and development work on the production of high-purity anode graphite for lithium-ion batteries.
As quoted in the press release:

Exceptionally high purity of 99.99% TGC has been achieved in the production of coated anode graphite for lithium-ion batteries. The production of the anode graphite from concentrate, involved a two-step process whereby the graphite flake concentrate was firstly converted to uncoated spherical graphite at 99.8% TGC without the use of chemical purification. The uncoated spherical graphite was then subjected to a thermal coating process, which further purified the graphite in the process of making the final coated anode product.

Magnis CEO, Dr Frank Houllis, stated:

The significance of today’s announcement is that Magnis has now verified each step in the production of an anode graphite material that meets or exceeds end user specifications. The exceptional crystal structure of Nachu flake graphite with low impurities has also demonstrated excellent performance metrics in lithium-ion batteries. The production of 99.99% TGC represents a major step in end user qualification.
Eliminating purification in the production of spherical graphite means that graphite concentrate feedstock from Nachu can avoid the additional cost, risk and environmental impact of downstream chemical purification which is involved in the production of the majority of purified spherical graphite.
With lowest quartile cost and significantly reduced environmental footprint, Magnis expects its anode graphite to be a compelling choice for sustainable industries using lithium-ion batteries.

Connect with Magnis Resources (ASX:MNS) to receive an Investor Presentation.