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Coniagas Initiates Global Feed First Strategy on Critical Minerals with SGS Quebec
(TheNewswire) Vancouver, BC – September 10, 2024 – TheNewswire – Con...
About this update from Coniagas Battery Metals Inc.
[{"type":"text","content":"Coniagas Initiates Global Feed First Strategy on Critical Minerals with SGS Quebec\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC – September 10, 2024 –\n \n TheNewswire\n–\n \n Coniagas Battery Metals Inc. (“Coniagas” or the\n“Company”) (TSX.V: COS) is pleased to announce the implementation\nof its collaboration with SGS Québec,\n \n a global leader\nin metallurgical innovation and strategic resource development.\n \n\n The initiative is aimed at developing a leading\nposition in\n \n the critical minerals sector by scaling up the\ntechnological capabilities of the Re-2Ox hydrometallurgical process.\n \n\n\n Global Feed First Strategy\nHighlights:\n \n\n\n\n\n Sourcing critical mineral feed stocks and concentrates globally\n \n\n\n\n Metallurgical testwork to be undertaken by SGS Québec using the\nRe-2Ox process\n \n\n\n\n Producing on-spec battery-grade materials\n \n\n\n\n The\n \n\n collaboration with SGS builds on a\nseries of engagements\n \n\n , and comprises two phases: the first\nphase establishes a framework for metallurgical testing and strategic\nfunding pursuits, while the second phase focusses on funding strategy\nrefinement and advancing the Re-2Ox process to meet the needs of the\nrapidly growing electric vehicle (EV) markets.\n \n\n The arrangement is based on an agreement signed\nwith SGS May 15, 2024 and announced in a news release May 21, 2024.\n \n\n\n A Global Strategy\n \n\n\n Our \"feed first\" strategy, which prioritizes securing\nreliable, long-term sources of critical minerals, is a cornerstone of\nthe Company's approach. By\n \n\n securing potential offshore\nstockpiles\n \n\n and bringing them to Quebec for potential\nprocessing, Coniagas is not only expanding its resource base but also\nensuring a resilient and flexible supply chain that can adapt to\nmarket demands.\n \n\n In parallel, Coniagas is conducting extensive metallurgical testwork\non the Graal deposit in Quebec. This testwork is vital for advancing\nthe Graal property towards production as well as scaling up the Re-2Ox\nprocess and aligns with the company’s strategy of integrating global\nresources with local expertise to drive innovation.\n \n\n\n Frank Basa, President and CEO of Coniagas, stated,\n\"Our collaboration with...