Quantum Graphite’s Eyre Peninsula Hub Gains Major Project Status

Quantum Graphite Ltd ( (AU:QGL) ) has issued an update.

Quantum Graphite Ltd and its joint venture partner, Sunlands Energy Co., have been granted Major Project Status by the Australian Federal Government for their Eyre Peninsula Graphite Hub (EPG Hub). This recognition underscores the national significance of the project, which aligns with Australia’s Critical Minerals and Battery Storage Strategies. The EPG Hub will process and refine flake graphite, supporting a supply chain between Australia and the USA. The status is expected to accelerate financing efforts and help meet objectives to deliver high purity graphite to the market by 2027.

More about Quantum Graphite Ltd

Quantum Graphite Ltd is an Australian company that owns the Uley flake graphite mineral deposits located in South Australia. The company focuses on developing high-grade natural flake graphite, with its Uley 2 project being a significant part of its operations. Quantum Graphite Ltd is involved in a joint venture with Sunlands Energy Co., which specializes in thermal energy storage technology and refining natural flake graphite to high purity levels for various market segments.

YTD Price Performance: -8.00%

Average Trading Volume: 58,414

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$167.3M

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