Business
South Star Battery Metals Announces Santa Cruz Graphite Mine Phase 1 Construction and Licensing Update
Highlights: Santa Cruz Phase 1 construction has zero lost time accidents through end of Jul...
About this update from South Star Battery Metals Corp
[{"type":"text","content":"South Star Battery Metals Announces Santa Cruz Graphite Mine Phase 1 Construction and Licensing UpdateHighlights:Santa Cruz Phase 1 construction has zero lost time accidents through end of July.Santa Cruz Phase 1 construction is on budget and on schedule with commercial production planned for the EOY 2023.All main construction contracts have been executed.Overall construction advance at 68% complete.Manufacturing of equipment at 80% complete.Foundations & concrete work on schedule to be substantially completed in September.Initial comments from Brazil's National Mining Agency for the definitive mining concessions for Santa Cruz's Phases 1, 2 & 3 have been received & responses returned.The biannual environmental condition precedent report associated with Santa Cruz's environmental license has been submitted.VANCOUVER, BC / ACCESSWIRE / August 9, 2023 / South Star Battery Metals Corp. (\"South Star\" or the \"Company\") (TSXV:STS)(OTCQB:STSBF), is pleased to announce a Phase 1 construction update through the end of July for the Company's flagship Santa Cruz Graphite Mine in Bahia Brazil, as well as providing a permitting and licensing update for Phases 2 and 3 operations.Richard Pearce, CEO of South Star commented, \"We are extremely pleased with the construction progress through the end July on the Santa Cruz Phase 1 plant and mine installations. The build continues on budget and on schedule, and we are very proud of our ongoing safety record. The team will continue to work hard and focus on our ongoing commitment to safe, responsible operations. Significant progress has been made on the concrete and foundation work, which should be substantially completed in next couple weeks. Equipment manufacturing is on schedule and should be largely wrapped up in next 6 weeks, with all major equipment delivered to the mine. The electrical and mechanical contractor is in the process of mobilizing. We are firmly on track to be commissioning Santa Cruz in November and starting commercial production by EOY 2023. Notably, the start of commercial production at Santa Cruz will be a significant milestone achievement marking the first new graphite producer in the Americas since 1996. Additionally, our BamaStar projected is expected to commence vertically integrated production in 2027.\"Santa Cruz Construction and Licensing UpdateConstruct...