SRG Graphite


Developing High-grade Graphite for the Lithium-ion Batteries

Press Releases


SRG Graphite Inc. (TSXV:SRG) is a Canadian resource company that aims to become a leader in the exploration, development and production of high-quality, low-cost natural graphite flakes. The company is also working on its wholly-owned nickel-cobalt-scandium laterite project. SRG Graphite operates out of the Republic of Guinea in West Africa.

Guinea is a mineral-rich country with an active mining sector that contributes to over 15 percent of its GDP every year. Guinea holds approximately 25 percent of the world’s bauxite reserves, and also hosts significant amounts of iron ore, gold, diamonds, gemstones and more. This includes Rio Tinto’s (ASX:RIO) massive Simandou iron mine, located in the mountain range of the same name, and AngloGold’s (JSE:ANG) Siguiri gold mine. As a mining-friendly jurisdiction, the Guinean government has ensured that the mining permitting process is straightforward and well-documented and that the mining code is bankable for international players.

Working to better integrate itself with the local community, SRG Graphite has a corporate social responsibility policy and is ensuring that its mining initiatives are deployed in collaboration with local communities.

SRG Graphite’s Lola graphite property is focused on producing graphite for several different markets with about 35 percent of its production earmarked for the lithium-ion battery market. In June 2018, the company was able to expand their existing resource by 54 percent, to 676,900 tonnes of graphite measured and indicated, and 125,200 tonnes of graphite inferred. SRG Graphite has also released the results of a preliminary economic assessment( PEA) for the project. The PEA highlights include a pre-tax NPV (eight percent) of $204 million at an average sales price of $1,328 per tonne. The report also indicated an annual production rate of 50,200 tonnes of graphite concentrate per annum and a mine life of approximately 16 years.

Company Highlights

  • Two battery metal projects in growing mining jurisdiction of Guinea.
  • Updated measured and indicated resource of 676,900 tonnes graphitic carbon, and inferred resource of 125,200 tonnes graphitic carbon at the Lola property.
  • Expected 16 year mine life at the Lola property.
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