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BlackEarth Minerals’ (ASX:BEM) bulk graphite arrives in China to be dispatched

Materials
ASX:BEM
20 May 2020 06:00 (AEST)
BlackEarth Minerals (ASX:BEM) - Managing Director, Tom Revy

Source: YouTube

BlackEarth Minerals (BEM) has announced that bulk material from the Maniry Project in Madagascar has arrived in China and will soon be dispatched.

The graphite material will be dispatched to the Beijing General Research Institute of Mining & Metallurgy (BGRIMM). BGRIMM is a national institute engaged in research and development (R&D) and engineering services in relation to mineral resource developments, advanced material technology and products.

BGRIMM will conduct stage two of test work, which is expected to take three months to complete. The test work involves a large-scale pilot test program and will use approximately 60 tonnes of Maniry graphite bearing material.

This stage will be used to optimise the Maniry flow sheet, provide final equipment specifications and produce enough material to finalise legally binding offtake arrangements.

The test work results will also be incorporated into the Maniry Project’s final Environmental and Social Impact Assessment, as well as provide engineers the final process design criteria to undertake final engineering design works later this year.

“We are very pleased that the bulk sample of Maniry material has arrived in China as it forms a critical component of our current BFS activities,” Managing Director Tom Revy said.

“The graphite concentrate produced during stage two will aid the company’s continued discussions with Tier-1 players in the global graphite industry, across the high value expandable, refractory and lithium-ion battery markets,” Tom added.

BlackEarth Minerals is up 11.8 per cent and shares are trading for 3.8 cents each at 3:55 pm AEST.

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