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Aitolampi Demonstrate Significant Market Potential
Aitolampi Demonstrate Significant Market Potential.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n \nRNS Number : 2456D Beowulf Mining PLC 30 January 2018 \n\n \n \nThe information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (\"MAR\") (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\nFor the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of Kurt Budge, Chief Executive Officer.\n30 January 2018\nBeowulf Mining plc\n(\"Beowulf\" or the \"Company\")\nAitolampi Graphite Concentrates Demonstrate Significant Market Potential \n \nBeowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and development company, focused on the Kallak magnetite iron ore project and the Åtvidaberg polymetallic exploration licence in Sweden, and its graphite portfolio in Finland, is pleased to announce the results from testwork on graphite samples from its Aitolampi project, and plans for an additional drilling programme.\n \nHighlights \n· Alkaline purification produced 99.86 per cent Total Carbon (\"C(t)\") for +100-mesh concentrate and 99.82 per cent C(t) for -100-mesh concentrate. \n· Results from acid purification were also promising and reached 99.6 per cent C(t) for the +100-mesh and 99.41 per cent for the -100-mesh concentrate.\n· The alkaline and acid purification results indicate that, with some process optimisation, Aitolampi concentrates may meet the purity specification of 99.95 per cent C(t) required for the lithium ion battery market.\n· Aitolampi graphite shows high crystallinity, with the degree of graphitisation measuring approximately 98 per cent, which is almost perfect crystallinity, an important prerequisite for high tech applications, such as lithium ion batteries.\n· Volatiles are low, which is an attractive product attribute in many applications, including refractories, lubricants, crucibles, and foundries.\n· Specific Surface Area (\"SSA\") is comparable to that of high quality flake graphite from China.\n· Oxidation behaviour is comparable with Chinese graphite of the same flake si...