Kingsland Minerals Ltd. ( (AU:KNG) ) has provided an announcement.
Kingsland Minerals Ltd has announced a maiden Indicated Resource of 1 million tonnes of contained graphite at its Leliyn Graphite Project in the Northern Territory. This development will support a scoping study for a potential mining operation, with the aim of establishing a significant graphite production facility. The high conversion rate from Inferred to Indicated Resource suggests strong potential for future resource upgrades, which could enhance the project’s viability. The company is also testing a bulk sample of graphite concentrate in Germany, which will be used to assess the feasibility of producing purified spherical graphite, further positioning Kingsland as a key player in the graphite supply chain.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd is a company involved in the mining industry, focusing on the extraction and processing of graphite. The company aims to become a major supplier of graphite to the electric vehicle and lithium battery industries.
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