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Leading Edge Materials Provides Update on Woxna Graphite Project
Leading Edge Materials Provides Update on Woxna Graphite Project Canada NewsWire ...
About this update from Leading Edge Materials Corp.
[{"type":"text","content":"\n\n\n\nLeading Edge Materials Provides Update on Woxna Graphite Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 5, 2018\n\n\n\nVANCOUVER, July 5, 2018 /CNW/ - Leading Edge Materials Corp. (\"Leading Edge Materials\") or (\"the \"Company\") (TSXV:LEM) (OTCQB: LEMIF) (Nasdaq First North: LEMSE) is pleased to provide an update regarding the Company's current activities and future plans for the 100% owned Woxna graphite mine in Sweden.       \n\n\n \n \n\n \nWoxna is a unique European graphite project, positioned to become a leading supplier of sustainable graphite for the high growth lithium ion battery market.  As lithium ion batteries contain up to 20% high purity graphite as the anode, it is an increasingly critical raw material as battery manufacturing expands in Europe.  \n\nBlair Way, President and CEO, stated \"The Company has received a number of queries about the recent price volatility.  The Company is not aware of any fundamental changes to the Company or the outlook for its assets over the past week.\"\n\nWoxna is a fully constructed mine, with all processing, waste management and infrastructure in place.  During 2017, Woxna was granted a 25-year extension to its operating licence.  The site is presently held on a production ready basis as the research necessary to maximise the value of products for sale is completed.  \n\nLeading Edge Materials is focused on product development to meet the needs of potential European lithium ion battery customers.  Due to safety and performance considerations, supplying new materials to the battery market is a long and challenging path, and it is only through large sample volumes and commercial scale processes that materials can gain industrial qualification.  Due to the fully built status of the Woxna mine, Leading Edge Materials is much further advanced than most industry peers on this path to supply anode materials to a growing European lithium ion battery market.  \n\nThe business objective of Leading ...