Mineral Commodities Ltd is pleased to announce the maiden JORC resource at the Skaland Graphite Project for the underground Traelen Graphite Mine located on the island of Senja, Norway.
Mineral Commodities Ltd (“MRC” or “the Company”) is pleased to provide the attached presentation of the Financial Results for the financial year ended 31 December 2019.
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.