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Comet Resources (ASX:CRL) confirms commercial graphite potential at Springdale

Materials
ASX:CRL
21 September 2021 10:30 (AEST)
Comet Resources (ASX:CRL) - Consultant Geologist & Project Manager, Mart Rampe

Source: Comet Resources

Comet Resources (CRL) has announced positive results from testwork on natural flake graphite from its Springdale Graphite Project in Western Australia.

The testwork was conducted at a facility in Germany after identifying that graphite concentrate from Springdale was a unique product due to its very fine size fraction and nature of the fine flake.

As these properties may be applied to battery anode materials, the company decided to generate a bulk sample for evaluation.

Tests showed the graphite is suitable for micronisation, spheronisation and purification processes to the specification levels required to produce precursor material for making lithium-ion battery anodes.

The bulk sample was also tested for performance in jet milling as jet milled graphite products can attract premium prices in graphite markets. Positively, the material was easy to micronise in a jet mill with good throughput and low energy consumption.

Managing Director Matthew O’Kane was pleased with the testwork outcomes.

“The results from the specialist test programs in Germany are fantastic! They confirm graphite material from Springdale has met key battery anode grade benchmarks as well successfully producing high value jet milled product. These results greatly increase the prospects for future development of the project.”

Comet Resources will assess future work programs which include work to further optimise the processing of spherical graphite. The company is also in discussions with downstream users of graphite products regarding the Springdale Project.

Company shares were up 8 per cent to trade at 2.7 cents at 10:17 am AEST.

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