Sovereign Metals Limited (AU:SVM) has released an update.
Sovereign Metals Limited has reported successful downstream testwork on its Kasiya graphite concentrate, demonstrating its potential for use in lithium-ion batteries. The high-quality spherical purified graphite produced meets industry standards with a 99.99% purity level and shows promise for optimizing yield in future tests. These results position Kasiya as a significant player in the graphite market, potentially challenging the current China-dominated supply chain.
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