South Star Advances Graphite Project Amidst Supply Concerns
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South Star Advances Graphite Project Amidst Supply Concerns

South Star Battery Metals Corp (TSE:STS) has released an update.

South Star Battery Metals Corp. has initiated the Preliminary Economic Assessment for its BamaStar Graphite Project in Alabama, targeting completion by July 2024. This assessment will integrate recent drilling data and strategize the production of specialty graphite for batteries, amidst increasing supply-chain concerns for critical metals. The company is also exploring potential locations in the southeastern USA for a new plant to produce high-demand graphite products for energy storage and electric vehicles.

For further insights into TSE:STS stock, check out TipRanks’ Stock Analysis page.

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