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Kingsland Minerals Ltd. ( (AU:KNG) ) just unveiled an update.
Kingsland Minerals has released a scoping study for its Leliyn Graphite Project, confirming its potential as a low-cost producer of graphite concentrate. The study highlights the project’s ability to produce high-grade purified, spherical graphite with 99.97% graphitic carbon, exceeding the quality required for battery applications. The project is expected to produce approximately 662,000 tonnes of graphite concentrate over a 6.9-year processing period, with an estimated revenue of A$1.05 billion and a pre-tax cash margin of A$563 million.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd. operates in the mining industry, focusing on the extraction and production of graphite. The company’s primary project is the Leliyn Graphite Project, which aims to produce high-grade purified, spherical graphite suitable for battery use.
Average Trading Volume: 240,247
Technical Sentiment Signal: Sell
Current Market Cap: A$10.4M
Learn more about KNG stock on TipRanks’ Stock Analysis page.