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- BlackEarth Minerals (BEM) has welcomed further high-grade test results from its stage two large-scale pilot test program
- Results demonstrated that over 31 per cent of BlackEarth’s graphite product can be produced at a fixed carbon level above 96.5 per cent
- The latest results followed two weeks of additional refinements to the company’s stage two pilot plant design
- Further testing will continue throughout April and May, before resulting in publication of a final report afterwards
- BlackEarth Minerals is in the grey and trading at 15 cents per share
BlackEarth Minerals (BEM) has welcomed further high-grade test results from its stage two large-scale pilot test program.
Since February, the company has been analysing roughly 60 to 70 tonnes of material from its Maniry Graphite Project in Madagascar. The product analysis is part of an ongoing definitive feasibility study into the project.
On March 31, BlackEarth received outstanding initial test results, which confirmed grades of fixed carbon content of over 95 per cent. The preliminary results also indicated a high percentage of jumbo-sized flake graphite concentrates.
Since then, the company has made further refinements to the stage two pilot plant design, producing the improved results announced today. The additional test work focussed on achieving increased concentrate grades which would even surpass the high-grade results first achieved in March.
BlackEarth’s efforts were successful, with the latest results demonstrating that over 31 per cent of its product can be produced at a fixed carbon level above 96.5 per cent.
The company’s Managing Director, Tom Revy, commented on the new and improved results from analysis of the Maniry graphite.
“Following the very encouraging initial test results, we decided to focus on achieving even higher fixed carbon grades from our large and jumbo flake products, which made up over 39 per cent of our initial results,” he said.
“Our additional testing has resulted in an average fixed carbon level of 96.65 per cent of all our product, which is an outstanding result,” he added.
Tom went on to say that the additional test results have confirmed that graphite from Madagascar will be in very high demand in the future, as a major product supplier to the electric vehicle and alternative energy sectors.
Further testing of the company’s Maniry graphite product will continue throughout April and May, with a final report on the results to be published soon after.
BlackEarth Minerals is in the grey, trading at 15 cents per share at 3:10 pm AEST.
