Proactive Investors - Run By Investors For Investors

Leading Edge Materials achieves milestone at Woxna as demonstration plant is set to be installed

Processing can now be optimized and larger volumes of graphite anode material can be supplied to prospective lithium-ion battery customers
Mine site in Sweden
The Woxna project in Sweden

Leading Edge Materials Corp (CVE:LEM) (OTCQB:LEMIF) unveiled a milestone for its mothballed Woxna graphite mine site in Sweden, which is now poised to get a demonstration plant after the firm received an engineering study.

The new plant means processing can be optimized and larger volumes of natural graphite anode material can be supplied to prospective lithium-ion battery customers.

READ: Leading Edge Materials moves towards engineering study for Woxna plant after test work complete

"After the considerable time dedicated to graphite anode process development and optimization, we are very pleased to have achieved this milestone for the Woxna graphite mine," said Mark Saxon, interim president and CEO.

"As there is no natural graphite anode produced in Europe, we believe that installation of the demonstration plant will make a very significant contribution to the security of the emerging European lithium ion battery supply chain."

The engineering study was undertaken by a leading global engineering firm, using data from the extensive purification and spheronisation test work completed by LEM.

It provides design, installation and cost estimate criteria for a process that can deliver approximately 100kg per day of high purity natural graphite anode suitable for lithium ion batteries. Recent test work by LEM has produced ultra-high purity graphite up to 99.998% carbon and the process flexibility will allow purity to be tailored to customers performance and price requirements.

Leading Edge highlighted that 100% of natural graphite anode is manufactured in China using chemical leaching.

No chemicals

In contrast, the thermal purification process designed for the Woxna demonstration plant requires no chemicals, instead using elevated temperature to remove impurities. 

The furnace at Woxna will also be operated using cost competitive Swedish electrical power which is expected to result in a low carbon footprint.

Contact Giles at [email protected]

Follow him on Twitter@Gile 74

View full LEM profile View Profile

Leading Edge Materials Corp Timeline

Related Articles

gold nuggets
January 22 2019
The company has received encouraging exploration results from across its East Pilbara projects in 2018.
A gold pour
February 27 2019
Metalla aims to leverage precious metal exposure by acquiring royalties and streams to build value for shareholders
Mining pic
June 18 2019
A resource estimate dated November 26 last year showed a higher confidence indicated resource of 11.7 million tonnes, containing 1.8 billion pounds of zinc

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use