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Applied Graphite Technologies lists on TSX-V as it advances vein graphite properties in Sri Lanka
(NewsDirect) Applied Graphite Technologies Corporation CEO Don Baxter joined Stephen Gunn...
About this update from Applied Graphite Technologies Corporation
[{"type":"text","content":"Applied Graphite Technologies lists on TSX-V as it advances vein graphite properties in Sri Lanka\n \n \n (NewsDirect)\n \n \n \n \n Applied Graphite Technologies Corporation\nCEO Don Baxter joined Stephen Gunnion with news of the company's\nlisting on the TSX Venture Exchange under the ticker symbol\n'AGT.'\n \n \n Baxter, a seasoned\nmining engineer, discussed the company's evolution since 2012,\ncentering on graphite purification technologies for batteries amidst\ngrowing demand in the battery industry.\n \n \n Listing on the TSX-V will increase access to capital while\nbuilding investor confidence, he said.\n \n \n Highlighting the company's strategic acquisitions in Sri\nLanka, Baxter explained the unique advantages of the vein graphite\nfound there: high carbon content (95% in the ground), environmental\nbenefits (no tailings or waste rock), and cost-effectiveness in\nmining. Unlike flake or synthetic graphite, vein graphite from these\nproperties has higher crystallinity, translating to enhanced battery\ncapacity and a smaller environmental footprint.\n \n \n The company is\nrapidly moving towards production to meet burgeoning graphite demand,\nprompted by China's potential restrictions on graphite exports.\nWith plans to scale up to 30,000 to 50,000 tonnes annually, Baxter\nenvisions starting with selling run-of-mine graphite, and progressing\nto producing battery-grade graphite. He emphasized the company's\nunique position to meet the critical supply demands for battery\nanodes, highlighting quick development times due to favorable terrain\nin Sri Lanka.\n \n \n \n Contact Details\n \n \n \n \n Proactive North\nAmerica\n \n \n \n Proactive North America\n \n \n +1\n604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2024 TheNewswire - All rights reserved.\n \n \n","length":2268,"tagName":"div"}]