Magnis Resources Makes Significant Progress In Purity of Graphite Concentrate

Magnis Resources (ASX:MNS) announce that it has made significant progress in further increasing the purity of concentrate produced from its Nachu Graphite Project without the use of any form of chemical or thermal purification.
As quoted in the press release:

Recent metallurgical testing has centered on taking advantage of the graphite quality from Nachu to generate high purity products from low cost milling and flotation processing. Premium products exceeding 99% TGC are now being produced using the process developed for the mine processing plant. The absence of any requirements for chemical or thermal purification in generating high purity products of up to 99.6% TGC will ensure concentrates from Nachu will have a significant marketing advantage with cost savings as against synthetic graphite, natural graphite and potential graphite producers. There are also inherent environmental advantages obviating the need to use and dispose of environmentally harmful chemicals.
The natural flake graphite market is currently experiencing phenomenal growth due to the increasing demand for lithium-ion batteries for electric vehicles and stationary energy storage generated from renewable energy. Magnis is now undertaking qualification work for determining the performance of Nachu graphite for use as anode material in these batteries. There are promising early indications that Magnis can competitively produce anode graphite material in fewer processing steps than is current practice.

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