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South Star Battery Metals Announces Groundbreaking Ceremony for Start of Phase 1 Construction of the Santa Cruz Graphite Mine
VANCOUVER, British Columbia, May 18, 2022 (GLOBE NEWSWIRE) -- South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is ple
About this update from South Star Battery Metals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, May 18, 2022 (GLOBE NEWSWIRE) -- South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce the groundbreaking ceremony and start of Phase 1 construction for the Santa Cruz Graphite Mine on June 2nd, 2022. The ceremony will include local, state and federal officials, representatives from local and regional stakeholders, as well as South Star’s management team. The event is an important milestone celebrating more than a decade of development work, with the first new commercial graphite production in the Americas planned for Q2 of 2023. Richard Pearce, President & CEO commented, “South Star is very excited to share this important milestone with our partners, the local community, elected officials and stakeholders, and we would like to thank everyone involved in this important achievement and their on-going support. We look forward to kicking off construction and continuing our focused approach to delivering on our long-term goals and objectives. The start of commercial production is now in sight, and this is the perfect time to have a strategic, scalable asset in an important jurisdiction coming online in the critical battery metals supply chain.” ABOUT SOUTH STAR BATTERY METALS CORP South Star Battery Metals Corp. is a Canadian battery metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star’s Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial and battery metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (>30t) has been completed. The results of the testing show that approximately 65% of Cg concentrate is +80 mesh with good recoveries and 95%-99% Cg. With excellent infrastructure and logistics, South Star is carrying its development plan towards Phase 1 production projected in Q2 2023. South Star’s next project in the development pipeline is a project in Alabama located in the middle of a developing electric vehicle, aerospace and defence hub in the southeastern United States. The Project...