Kingsland Minerals Initiates Scoping Study for Leliyn Graphite Project

Kingsland Minerals Ltd. ( (AU:KNG) ) has issued an update.

Kingsland Minerals Ltd. has initiated a scoping study for its Leliyn Graphite Project in the Northern Territory, appointing GR Engineering Services as the study manager. The study will evaluate the economic viability of producing fine flake graphite concentrate, leveraging the project’s substantial graphite resources. This move positions Kingsland to capitalize on the increasing demand for non-Chinese graphite products. The appointment of experienced metallurgist Michael Rodriguez as Project Manager marks a significant step in the project’s development, while the retirement of Executive Director Nick Revell signals a transition in the company’s leadership. The study’s outcome could lead to further drilling and advanced mining studies, potentially expanding the project’s scope and impact.

More about Kingsland Minerals Ltd.

Kingsland Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in the production of graphite, which is a critical component for the electric vehicle (EV) and lithium battery industries. Kingsland aims to supply non-Chinese graphite concentrate to meet global demand.

YTD Price Performance: -26.67%

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Technical Sentiment Signal: Buy

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