The U.S. Department of Defense has granted STS South Star Battery Metals Corp. / TSXV: STS
PR Title
The U.S. Department of Defense has granted STS a multi-million-dollar award to expedite domestic production of battery graphite
FRC Opinion
Positive – Government backing marks a significant milestone for STS, offering not just financial support, but also permitting advantages. Funds will be allocated to a Feasibility Study (FS) for STS’s BamaStar graphite project in Alabama. Additionally, STS is on track to initiate production at its Santa Cruz graphite project in Brazil in Q1-2024.