Kibaran to Build Pilot Plant for Producing Battery-Grade Graphite Following Outstanding Results of Feasibility Study

Kibaran Resources (“Kibaran” or the “Company”) (ASX: KNL), is pleased to announce the successful completion of the feasibility study on downstream processing of graphite from its Epanko Graphite Project in Tanzania. The study found that production of battery-grade graphite using Kibaran’s proprietary purification technology would be low-cost and environmentally friendly.
In light of these findings, Kibaran has decided to establish a pilot plant in Germany which will be expanded to commercial scale production for the supply of premium battery graphite to customers in Europe and Asia.
Kibaran Managing Director Andrew Spinks commented:

“The results of the feasibility study have exceeded our expectations and I thank GR Engineering and ProGraphite for their dedication and commitment to complete this program over the course of 2017.
Kibaran is now positioned to commercialise its battery graphite processing plans, commencing with a downstream processing pilot plant early next year and I look forward to updating our shareholders as we progress with this exciting addition to our graphite business.”

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