Bullboard - Stock Discussion Forum South Star Battery Metals Corp STSBF

Primary Symbol: V.STS

Metals & Mining Industrial Metals & Minerals

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... see more

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South Star Battery Metals Corp > South Star Battery Metals has just achieved a significant

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Post by cmarketinsights on Oct 16, 2024 6:48pm

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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