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Lincoln Minerals Limited ( (AU:LML) ) has provided an announcement.
Lincoln Minerals Limited has announced that its Kookaburra Graphite Project in South Australia has achieved a significant milestone by delivering graphite purity levels of 99.97% total graphitic carbon, confirming its suitability for use in lithium-ion battery anodes. This achievement, realized without the use of hydrofluoric acid, supports the company’s Battery Anode Material Scoping Study and aligns with Australia’s National Battery Strategy. The results indicate strong potential for downstream processing and the development of a battery anode material facility in South Australia, which could have significant safety, environmental, and economic benefits for stakeholders.
More about Lincoln Minerals Limited
Lincoln Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of graphite, with a particular emphasis on its application in battery anodes, aligning with the growing demand for lithium-ion batteries.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.51M
Learn more about LML stock on TipRanks’ Stock Analysis page.