Impact: Positive
South Star announced positive results from the first three phases of its graphite battery metals and technology testing program at Santa-Cruz graphite project in Brazil. Results confirm that its graphite is suitable for a wide variety of applications including expandability, fire retardant, gaskets & seals, specialty paints & coatings and other value-added applications. The next steps in ongoing testing programs will include processes of purification, classification, and surface coating among others, to confirm the possibility of its future use in Li-ion batteries. We believe that ongoing testing should help expand the number of high-demand products that often demand premium pricing, and support STS’ efforts in becoming a significant graphite concentrate producer.
