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Quantum Graphite Ltd ( (AU:QGL) ) has shared an announcement.
Quantum Graphite Ltd has identified potential sites for the development of the Quantum-Sunlands Eyre Peninsula Graphite Hub, with the assistance of the Port Lincoln City Council. This hub aims to support the production of TES Graphite Cells by Sunlands Energy Co. The company is also advancing the financing of its Uley 2 Project, with a focus on integrating all downstream activities to improve efficiency and competitiveness. Additionally, Quantum Graphite has released a new geological model for the Uley site and is shifting its joint venture research focus towards thermal storage media. These developments are expected to strengthen the company’s market position and enhance its operational capabilities.
More about Quantum Graphite Ltd
Quantum Graphite Ltd is a company that owns the Uley flake graphite mineral deposits in South Australia. The Uley 2 project is a significant development of the historic Uley mine, known for its high-grade natural flake graphite deposits. The company is involved in the production and refinement of graphite, with a focus on integrating downstream activities to enhance efficiency and supply chain resilience. Sunlands Energy Co., associated with Quantum Graphite, develops thermal energy storage technology using TES Graphite Cells, aimed at supporting grid networks and renewable energy integration.
Average Trading Volume: 52,339
Technical Sentiment Signal: Sell
Current Market Cap: A$155.2M
See more data about QGL stock on TipRanks’ Stock Analysis page.