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South Star Battery Metals Corp STSBF


Primary Symbol: V.STS

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. The Company’s Santa Cruz Graphite Project, located in Southern Bahia, Brazil, is the first of a series of industrial- and battery-metals projects. The Santa Cruz Graphite Project is located in the state of Bahia, Brazil and consists of 13 approved licenses covering approximately 13,316 hectares. Its second project in the development pipeline is strategically located in Alabama, United States in the center of a developing electric-vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Graphite Project is located on the northeast end of the Alabama Graphite Belt and covers approximately 500 acres in Coosa County, Alabama, United States. Its natural flake crystalline graphite concentrate product line is sourced from the Santa Cruz Graphite mine in Brazil.


TSXV:STS - Post by User

Post by cmarketinsightson Oct 16, 2024 6:48pm
49 Views
Post# 36269074

South Star Battery Metals has just achieved a significant

South Star Battery Metals has just achieved a significant
South Star Battery Metals has just achieved a significant milestone by commencing commercial production at their Santa Cruz graphite mine in Brazil. The potential here is substantial, especially as this mine is positioned to provide crucial materials for lithium-ion batteries.
 
Additionally, the recently completed PEA for the BamaStar project in Alabama is encouraging, with an NPV8% of US$1.6B and an IRR of 27%. Production is expected to kick off by 2027. With a US$3.2M funding from the U.S. Department of Defense, this project could be worth following closely.
 
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