South Star secures construction permit for graphite mine

Date:

“We presented additional details about Santa Cruz and our planned growth through Phase 2 (25,000 tonnes per year of concentrates) and Phase 3 (50,000 tpy of concentrates),” chief executive Richard Pearce said of the meetings

South Star, which aims to start production at Santa Cruz by the end of 2023, said the mine will be the first major industrial facility in the municipality and one of the largest in the region as it scales operations.

It added that its Santa Cruz graphite project was the first of a series of industrial and battery metals projects that plans to bring into production.

The Vancouver-based company also noted that its next project in the pipeline is a development project in Alabama, United States, located in the middle of a developing electric vehicle, aerospace and defence hub.

Underestimated

Demand for graphite, an overlooked mineral that is a key ingredient for the electrification of vehicles, is expected…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...