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Alabama Graphite Corp. Com ABGPF



GREY:ABGPF - Post by User

Comment by 1stRuleon Nov 30, 2015 10:56am
101 Views
Post# 24338276

RE:RE:RE:RE:RE:RE:Share Price

RE:RE:RE:RE:RE:RE:Share PriceThis is part of the problem, the PEA didn't refer to either THIS, or that there have already been test results from the initial 200 tons of material.

Babyboom51 wrote:

Alabama Graphite Corp.("AGC" or the "Company") (TSX VENTURE:ALP)(OTCQX:ABGPF)(FRANKFURT:1AG) is pleased to announce the initiation of the pilot plant at SGS Mineral Services ("SGS") of Lakefield, Ontario, for the Company's flagship 100%-owned Coosa Graphite Project, located in Coosa County, east-central Alabama, USA. In addition to running the Company's pilot plant, SGS will also conduct a variability analysis, flowsheet optimization and concentrate analysis of the Coosa graphite material.

Construction of the Coosa Graphite Project pilot plant is currently underway, with mechanical commissioning targeted for September 30, 2015. AGC's pilot plant was designed, is currently being built, and will be operated by SGS and managed by graphite-industry veteran metallurgist Oliver Peters, MSc, P.Eng., MBA (Consulting Metallurgist for SGS and Principal Metallurgist of Metpro Management Inc.). The pilot plant is anticipated to result in the production of multiple tons of graphite concentrate for the Company's specialty graphite development initiatives, in addition to conveying material to several potential offtake partners for evaluation. As announced on June 25, 2015, AGC has commenced the testing of graphite from its Coosa property for use in lithium-ion batteries, specifically the production of coated spherical graphite ("CSPG" or "battery-ready graphite") for use in lithium-ion battery anodes.



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