Unlocking the Hidden Secrets: Blencowe Resources Achieves Groundbreaking Results in Metallurgy Testing for Orom-Cross Graphite Concentrate

Unlocking the Hidden Secrets: Blencowe Resources Achieves Groundbreaking Results in Metallurgy Testing for Orom-Cross Graphite Concentrate

2023-09-04 10:15:30

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Table
  1. Blencowe Resources successfully completes metallurgy testing for Orom-Cross graphite concentrate
    1. Expansion of Concentrate Product
    2. Value Addition of End Products
    3. Increased Quantities for Potential Buyers

Blencowe Resources successfully completes metallurgy testing for Orom-Cross graphite concentrate

Blencowe Resources has announced the successful completion of metallurgy testing for their Orom-Cross graphite concentrate. The testing, conducted at labs in China, confirmed the production of a high-grade, low impurity concentrate, as stated in the company's official statement. The results revealed an increased coarse flake percentage in the final mix and higher recoveries, leading to a higher overall weighted average selling price of the product.

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Expansion of Concentrate Product

With the successful completion of the testing, Blencowe Resources now has a considerably larger volume of concentrate product, which will be sent to potential end users for pre-qualification testing. This milestone signifies the company's ability to deliver a high-quality graphite concentrate from Orom-Cross on a commercial scale, a significant achievement in their DFS (Definitive Feasibility Study).

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Value Addition of End Products

In addition to the graphite concentrate, Blencowe Resources is also testing the upgrade of the concentrate to uncoated battery-ready 99.95% SPG (spheronised, purified graphite) and expandables. This step aims to further enhance the value of their end products and cater to the increasing demand for high-quality graphite in various industries.

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Increased Quantities for Potential Buyers

The successful metallurgy testing has allowed Blencowe Resources to obtain larger quantities of concentrate as bulk samples. These samples will be delivered to potential buyers and strategic groups, who can further test the concentrate and express their interest in binding offtake agreements. These agreements play a crucial role in securing project financing for Orom-Cross.

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Blencowe Resources is confident that the positive results and the quality of their Orom-Cross graphite concentrate will attract a range of graphite consumers. The company believes that their project can help address the expected shortfall of graphite in the market in the foreseeable future.

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