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An announcement from SRG Mining Inc ( (TSE:FLCN) ) is now available.
Falcon Energy Materials plc has announced the purchase of all equipment for its pilot plant in Jorf Lasfar, Morocco, which is set to produce large-scale samples of coated spherical purified graphite (CSPG) by late 2025. This development is a significant step towards Falcon’s goal of establishing a large-scale anode production facility, enhancing its position in the battery materials industry and supporting Morocco’s emergence as a hub for battery cell manufacturing. The pilot plant will enable Falcon to advance commercial discussions with potential customers, as initial CSPG samples are expected for testing by September 2025, with full commissioning by Q4 2025.
More about SRG Mining Inc
Falcon Energy Materials plc is a company focused on becoming a fully integrated supplier of battery anode materials. It aims to establish a mine-to-market active anode material production system, featuring a high-purity graphite production mine in Guinea and a conversion facility for coated spherical purified graphite in Morocco. The company emphasizes attractive operating costs, proximity to European markets, and strong ESG credentials.
Average Trading Volume: 24,342
Technical Sentiment Signal: Sell
Current Market Cap: C$63.37M
Find detailed analytics on FLCN stock on TipRanks’ Stock Analysis page.