Mineral Commodities Ltd is pleased to release the outcomes of the Definitive Feasibility Study (“DFS”) on a concentrate only production scenario at the Munglinup Graphite Project in the south of Western Australia. The DFS confirms the Company’s view that Munglinup will become a crucial asset in its overall ambition to supply natural graphite into the key high-demand battery anode markets.
Mineral Commodities Ltd is delighted to announce that it has executed a binding, non-exclusive Memorandum of Understanding with Norway-based battery cell developer, FREYR AS. Both companies have agreed to evaluate the manufacture and supply of sustainably sourced anode material from MRC’s subsidiary Skaland’s natural flake graphite concentrate as a potential raw material input into the future production of FREYR’s battery cells.
Mineral Commodities is pleased to announce that further to its announcement on 4 April 2019, the outstanding conditions precedent under the Share Purchase Agreement (“SPA”) were satisfied on Friday 4 October 2019. Accordingly, the Company has moved to complete the acquisition of 90% of the issued share capital in Skaland Graphite AS under the SPA.
Mineral Commodities Ltd (“MRC” or “the Company”) is delighted to announce that the Company’s South African subsidiary, Mineral Sands Resources (Pty) Ltd (“MSR”), has received notification that the Department of Mineral Resources and Energy – South Africa (“DMRE”) will issue two Mining Right Renewals (WC 30/1/2/2/10107MR and WC 30/1/2/2/10108MR) allowing MRC to continue its existing mining operations on a portion of beach immediately adjacent to the farm Geelwal Karoo 262, in the Western Cape Province of South Africa.
MRC’s Munglinup natural flake graphite product characterised as highly crystalline with minimal defects Proprietary method identified to produce few-layer graphene from Munglinup Graphite Product at high yields (>95%) and reduced reagent requirements Proprietary method developed for producing functionalised graphene and related materials Initial application testing shows graphene and functionalised graphene suitable for conductive inks, super-capacitors and corrosion resistant paints and coatings Testwork confirms chemical intercalation and expansion characteristics of Munglinup Graphite Product using microwave expansion Program for next stage under development
Boardroom Media speaks to Mineral Commodities Ltd’s Group Technical Services Manager, Dr Surinder Ghag. Dr Ghag is delighted to announce that MRC’s application with collaboration partners, Doral Fused Metals and Australia’s national science agency, CSIRO, for matched cash funding under the Cooperative Research Centres Projects (“CRC-P”) Grants program, has been successful.