WATCH: Managing Director Mike Schwarz answer investors questions about the differences between the Sugarloaf and Lacroma Graphite Prospects as well as the importance of the metallurgy in defining a resource.
- iTech progressing development of a process to produce battery anode material from the Sugarloaf Graphite Prospect
- Project funding of ~ $1,100,000 has been approved for this R&D project, with 46% grant allocation from CRC-Projects and 54% to be funded by iTech Minerals and partners on an equal contribution basis
- The project will initially focus on the production of a high-grade graphite concentrate from Sugarloaf and then progress to purification and spheroidization to produce uncoated purified spherical graphite
- iTech is pleased to be working with project partners, The Sustainable Minerals Processing Group at The Future Industries Institute, University of South Australia (UniSA) and metallurgical specialists METS Engineering
- iTech has recently completed a drilling program at the Sugarloaf Graphite Prospect which produced samples for the R&D project and confirms a large exploration target 158 – 264 Mt @ 7 – 12 % TGC