Falcon Energy Partners with Fluoralpha for CSPG Plant in Morocco

SRG Mining Inc ( (TSE:FLCN) ) has shared an update.

Falcon Energy Materials plc has announced a strategic partnership with Fluoralpha S.A. to develop a pilot and large-scale anode plant in Morocco for producing coated spherical purified graphite (CSPG). This collaboration positions Falcon to establish the first large-scale CSPG production facility outside China, leveraging Fluoralpha’s expertise in producing anhydrous hydrofluoric acid (AHF), a critical component in CSPG production. The partnership is expected to enhance Falcon’s operational efficiency and reduce risks associated with logistics and safety, while also fostering deeper engagement with Morocco’s innovation ecosystem.

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 line, featuring a high-purity graphite production mine in Guinea and a conversion facility in Morocco. The company emphasizes sustainability, supply chain transparency, and generating long-term benefits for host countries and communities.

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Technical Sentiment Signal: Buy

Current Market Cap: C$80.76M

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