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The European Battery Alliance welcomes Bass Metals (ASX:BSM)

Materials
ASX:BSM
23 March 2021 12:40 (AEST)
Bass Metals (ASX:BSM) - CEO, Tim McManus (left) & Executive Director, Peter Wright (right)

Source: Finance News Network

Bass Metals (BSM) has been accepted into the European Battery Alliance.

The European Battery Alliance was established in 2017 by the European Commission to foster collaboration between key participants in the battery materials sector and bring together key stakeholders in the battery material, technology and financing space.

The overall objective to build a strong and competitive pan-European battery industry.

Bass’ concentrates are considered highly suitable for use in battery anodes due to the unique properties of Madagascan graphite.

The company has established its presence in Europe through selling graphite concentrates across all specifications into the European Union, including Super Jumbo Flake Concentrates in Germany.

Bass says this acceptance aligns with its strategy to become a global significant producer of graphite and advanced materials.

The company says this membership will provide it with the opportunity to collaborate with key European stakeholders and end-users seeking reliable, secure and sustainable access to battery feedstock as part of Europe’s increasing investment in the lithium-ion battery supply chain.

With sales already established in the European Union, Bass says it is in the right position to leverage its recently upgraded and expanded mineral resource to meet the growing demand for sustainable feedstock required to produce electric vehicle battery anodes.

Bass Metals shares are trading flat at 0.7 cents at 12:30 pm AEDT.

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