Strategic Partnerships and Offtake Agreements
Securing long-term Battery Anode Facility (BAF) offtake agreements and strategic OEM partnerships are underway, aiming to enable the construction of the first Battery Anode Facility.
SuperFlake Graphite Production
Successfully producing SuperFlake graphite with a fixed carbon content of over 95%, with shipments sent to Germany and the U.S. for verification testing.
Financial Position Strengthened
Secured a $20 million non-dilutive credit facility from Vision Blue Resources Limited to support the Battery Anode Facility strategy, Molo growth, and working capital.
Management Team Expansion
Strengthened management team with new CFO, Chief Development Officer, and EVP of Downstream Operations to support global growth strategy.