South Star Battery Metals

October 18th, 2024 webinar with SC Insights's Andy Leyland and STS's President Richard Pearce is available for viewing at South Star's website or YouTube channel. https://lnkd.in/eF4pTU8G

South Star Battery Metals Announces Non-Brokered Private Placement #SouthStar #graphite #mining #Brazil #Brasil #alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #energytransition #geopolitics #renewableenergy #lithiumionbatteries https://lnkd.in/epGykxmP

South Star Announces Webinar with an Overview of the BamaStar NI 43-101 PEA for Vertically Integrated Graphite Mine and Value-Add Project in Alabama, U.S.A. The event will be held on Friday, October 18, 2024 at 13:00 EST. The webinar will provide an overview of market conditions and trends, as well as study highlights. Discussion topics will include the following: ·       Graphite Supply/Demand Projections 2025-2030 ·       Graphite Market Dynamics and Pricing Trends 2025-2030 ·       Opportunities and Threats for Graphite Sector/Producers ·       BamaStar PEA Overview & Highlights ·       Interactive Q&A   #SouthStar #graphite #mining #Brazil #Brasil #Alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #energytransition #geopolitics #renewableenergy #lithiumionbatteries

South Star Announces Significant Increase in Mineral Resources and Positive BamaStar PEA Results for Vertically Integrated Graphite Mine and Value-Add Project in Alabama, U.S.A. Highlights:   *       Positive National Instrument 43-101 (“NI 43-101”) Preliminary Economic Assessment (“PEA”) for the BamaStar Mine and Concentrator Plant in Coosa County, AL and a value-add upgrading plant in Mobile, AL. The natural flake graphite concentrate precursor material for the value-add plant will come from South Star’s BamaStar and Santa Cruz Mines, which is now in Phase 1 operations in Brazil. First production for BamaStar is planned by 2027. *       Pre-tax Net Present Value (“NPV8%”) of US$2.4B with an Internal Rate of Return (“IRR”) of 35% and after-tax NPV8% US$1.6B with an IRR of 27%. *       Life of mine (“LOM”) gross revenue of US$9.9B as well as pre-tax and post-tax free cashflow of US$6.0B and US$4.3B, respectively. *       19-Year open-pit mine life with an average concentration production of 47,147 tonne per year (“tpy”) and a 2.4x increase in Mineral Resource tonnage, which contains over 1Mt of contained graphite. *       BamaStar Mine and Concentrator Plant is developed in a modular, phased approach using a simple proven flowsheet resulting in an average recovery of 90% and concentrate grades ranging from 94% graphitic carbon (“Cg”) for hard rock mill feed to >98% Cg for oxide mill feed. Each of the planned two phases of the Concentrator Plant would produce approximately 25,000 tpy for a combined total of 50,000 tpy of natural flake graphite concentrate. *       The value-add plant is designed using chemical purification technology and standard, commercially available equipment with no intellectual property that can purify to battery grade (> 99.95% Cg). The Mobile, AL Plant is also developed in a phased, modular approach with each of the planned three phases producing 20,600 tpy of upgraded graphite for a total of 61,800 tpy of upgraded products. This amount includes approximately 38,000 tpy of coated, purified, spheronized graphite (“CSPG”). *       1 Kg of purified graphite was transformed into purified and micronized graphite, as well as CSPG using standard, commercially available, non-proprietary technologies. The CSPG was used to make both CR2032 coin and pouch cells. The successful preliminary electrochemical testing results demonstrated capacity and first-cycle loss performance that is comparable to Tier-1 commercial CSPG products, including potential fast-charge capabilities with stable cycling. #SouthStar #graphite #mining #Brazil #Brasil #alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #energytransition #geopolitics #renewableenergy #lithiumionbatteries

South Star Announces First Product and Start of Commercial Production Ramp-up at Santa Cruz Phase 1 Graphite Mine in Bahia Brazil, as Well as Board Change Highlights: • Commissioning is complete at Santa Cruz Phase 1 Graphite Mine (“Santa Cruz”) in Bahia, Brazil, and first one tonne product has been placed in the bulk bag. Commercial production will ramp-up in October with first product shipments expected by end of October. • Phase 1 construction and commissioning was completed as Santa Cruz team approaches 286,488 manhours and 678 days without a loss-time accident. • As-builts and a bottleneck/optimization engineering analysis are underway to explore the potential to upgrade the Phase 1 plant throughput. •South Star is preparing to ship a variety of large-scale industrial samples for final qualification in Brazil and the USA. •Director Eric Allison has decided to not run for reelection and will retire from the Board of Directors. #SouthStar #graphite #mining #Brazil #Brasil #alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #energytransition #geopolitics #renewableenergy #lithiumionbatteries

South Star Announces Successful Purification of BamaStar Graphite Project in Alabama, U.S.A. to Battery Grade Purity. * BamaStar natural flake graphite concentrate was successfully upgraded to 99.95% fixed carbon, which is suitable for lithium-ion batteries and a variety of other value-add applications. *South Star is advancing a process flowsheet for producing coated, spheronized, purified graphite ("CSPG") using commercially available equipment and industry standard, proven technology with no special products or proprietary intellectual property. *The purification test results will be incorporated into the upcoming National Instrument 43-101 Preliminary Economic Assessment ("PEA"), which is scheduled for publication in September 2024. *South Star's immediate go-to-market commercial strategy is to produce high-quality graphite concentrates from Santa Cruz Graphite Mine in Brazil beginning in 2024 for a variety of industrial applications and sectors. Concurrently, technical product-development programs are continuing to advance the Company's vertically integrated midstream and downstream product suite for value-added applications using graphite concentrates from both Santa Cruz and BamaStar, with commercial sales planned by Q4 2026. #SouthStar #graphite #Brazil #alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #energytransition https://lnkd.in/ekZzNxDy

South Star Announces Additional Sales of Natural Flake Graphite Concentrate to U.S. Customer https://lnkd.in/eTvFumU3

South Star Announces Successful Product Qualification and 100-Tonne Sale of Natural Flake Graphite Concentrate to U.S. Customer South Star is pleased to announce that further to the Company's May 6, 2024 announcement, STS has executed another binding commercial sales agreement for the initial purchase of 100 tonnes of graphite concentrate as a large scale industrial test sample from the Company's flagship Santa Cruz Graphite Mine located in northeastern Brazil's Bahia state. #SouthStar #graphite #Brazil #alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #energytransition https://lnkd.in/eCMpjkdw

South Star Announces Substantial Completion and Commissioning of the Santa Cruz Phase 1 Graphite Mine in Brazil   Highlights:   ·       Mine prestrip, preliminary dump foundations and ramps are complete, and approximately 50,000 tonnes of ore is being placed on the ore pad by end of August for commissioning and initial operations. ·       The following plant areas are substantially complete, and commissioning of the equipment is underway: o  Primary and secondary crushing circuit o  Floatation/grinding/screening plant o  Tailings thickener and filter press facilities o  Concentrate dewatering, drying, screening and bagging systems ·       Internal power distribution, laboratory, support services and other appurtenant installations are substantially complete and ready for operations. ·       The mainline powerline is substantially complete, and the regional energy company COELBA is scheduling the installation of the energy meter and final connection of the installations to the grid power. ·       Commissioning is expected to take approximately 6-7 weeks, after which the plant should be ready for ramp-up and start of commercial production.

South Star Battery Metals Announces Successful Metallurgical Results for its BamaStar Graphite Project in Alabama, USA Highlights: *Metallurgical work completed on representative oxide, transition and fresh rock composite samples ranging in grade from 2.36% Cg for fresh rock to 3.04% Cg for oxide samples. *Bond abrasion and work index testing show low to medium abrasion and low energy requirements. *Open circuit flotation tests resulted in excellent concentrates grade ranging from 94.4% Cg for fresh rock materials to 99.5% Cg for oxide samples with a simple flowsheet that maximizes graphite recovery and minimizes flake degradation. *The open circuit graphite recoveries were high, ranging between 87.5% and 91.5%. *Given the superior response of the oxide and transitional material, the next phase of work will investigate mining pit design to maximize processing of oxide and transitional material early in the project life and postpone mining of the fresh ore in order to decrease initial CAPEX, lower OPEX and target improved project economics. *The NI43-101 Preliminary Economic Assessment results for BamaStar are scheduled for release in August 2024. #SouthStar #graphite #Brazil #alabama #criticalmetals #criticalminerals #anode #batterymetals #energystorage #ev #electricvehicles #greenenergy