Green Battery Minerals and Volt Carbon Technologies enter into preliminary graphite processing agreement

Green Battery Minerals (GEM) and Volt Carbon Applied sciences (VCT) have signed a preliminary mineral processing settlement. GEM had offered Volt Carbon with a single 5 kilogram pattern of crushed feedstock that was obtained from GEM’s 100%-owned Berkwood Graphite challenge in Québec, Canada.

Volt Carbon processed the pattern utilizing its proprietary dry separation course of know-how as a take a look at. The take a look at end result yielded 146 grams of graphite flake per kilogram of crushed feedstock, reflecting a 14.6% yield of graphite flakes per kilogram of feedstock.

The processed materials was subsequently despatched to a third-party lab (Base Metallurgist Laboratories Ltd. in Kamloops, British Columbia) for unbiased testing. Base Metallurgist Laboratories Ltd. independently verified that the Volt Carbon-processed Pattern yielded a graphite content material of 91.55%, with whole carbon exhibiting at 97%.

Volt Carbon has developed a proprietary dry separation course of that makes use of air as its separation medium. The key advantages of this course of in comparison with conventional processing are that the method:

1. doesn’t use water, which eliminates a major quantity of waste historically related to the purification of graphite on account of its solventless and reagentless nature;

2. doesn’t produce an effluent; and

3. leads to the retention of the unique high quality of the graphite flakes (giant +50 mesh and jumbo +35 mesh sized flakes).

GEM and Volt Carbon consider that large- and jumbo-sized flakes attain premium pricing on account of their high-end efficiency as anode materials for lithium-ion batteries (LIBs).

Samples of ore, feedstock and air separated graphite. Supply: VCT

Primarily based on the outcomes from the pattern take a look at, GEM and Volt Carbon negotiated and signed the Preliminary Mineral Processing Settlement. The Preliminary Mineral Processing Settlement outlines a path ahead from preliminary feasibility research, to bulk sampling and testing, and thru to mine improvement and manufacturing.

Within the feasibility section, the graphite ore will probably be extracted from GEM’s Berkwood Graphite challenge, delivered to Volt Carbon’s take a look at processing facility positioned in Scarborough, Ontario after which processed by Volt Carbon. The target of the feasibility section is to gather adequate information in order that Volt Carbon can fairly estimate the capital expenditures required to fabricate the proprietary transportable equipment wanted to conduct the bulk-sampling section.

Though the ore processing is predicted to value an combination of $50K/ton, Volt Carbon expects that it is going to be obligatory to lift further capital to fund the manufacture of the transportable equipment.

Assuming the profitable manufacture of he transportable equipment required, within the bulk-sampling section, the graphite ore will probably be extracted from GEM’s Berkwood Graphite challenge, GEM will crush the graphite ore to 4 inch and ship the identical to VCT’s Facility for processing utilizing the method. It’s anticipated that the flake graphite extracted from the majority samples will probably be saleable and GEM and Volt Carbon have agreed to share the income from the sale of the identical on a 50/50 foundation.

Within the mine manufacturing / improvement section, the graphite ore will probably be extracted from GEM’s Berkwood Graphite challenge, GEM will crush the graphite ore to -12 mesh and ship the identical to VCT’s Facility for processing. The income from the sale of the graphite focus will probably be break up on a 50/50 foundation.

Volt Carbon is a publicly traded carbon science firm, with particular pursuits in power storage and inexperienced power creation, with holdings in mining claims within the provinces of Ontario, Québec and British Columbia in Canada.