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Quantum Graphite Ltd ( (AU:QGL) ) has provided an announcement.
Quantum Graphite Ltd, through its Uley 2 project, is advancing the development of one of the world’s largest high-grade natural flake graphite deposits in South Australia. The company, in partnership with Sunlands Energy Co. and Sunlands Pure, is enhancing its market position by offering high-purity graphite critical for industries like Li-ion batteries and thermal energy storage. This strategic move is set to strengthen domestic mineral production, aligning with national security interests and reducing reliance on foreign mineral sources.
More about Quantum Graphite Ltd
Quantum Graphite Ltd is an Australian company that owns the Uley flake graphite mineral deposits in South Australia. The Uley 2 project aims to further develop these deposits, which are among the largest high-grade natural flake graphite resources globally. The company focuses on providing graphite for various industries, including Li-ion battery manufacturing, isostatic graphite, and thermal energy storage.
Average Trading Volume: 23,140
Technical Sentiment Signal: Sell
Current Market Cap: A$158.7M
For an in-depth examination of QGL stock, go to TipRanks’ Overview page.