Applied Graphite Technologies Corporation (TSE:AGT) has released an update.
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Applied Graphite Technologies Corp. (AGT) has expanded its mining operations by acquiring the high-grade Queens Mine in Sri Lanka, which will be integrated into the newly formed Queens Mine Complex. The mine is known for its production of premium graphite, with potential for significant output increases aimed at meeting the soaring demand for battery-quality graphite. AGT’s strategic move positions it to capitalize on the expected growth in the graphite market required for lithium-ion batteries.
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