leadf
logo-loader
viewCeylon Graphite Corp

Ceylon Graphite reports excellent spheronization test results for its Sri Lankan vein graphite

So-called spheronization test work - a sizing and shaping exercise - was carried out on material taken from the mine

Ceylon Graphite Corp -
Graphite mined in Sri Lanka is known to be among the purest in the world

Ceylon Graphite Corp (CVE:CYL) (OTCMKTS:CYLYF) says testing has shown excellent results for its vein graphite from its K1 mine in Sri Lanka, which means it can be used in lithium-ion batteries. 

So-called spheronization test work - a sizing and shaping exercise - was carried out on material taken from the mine.

"Spheronization is done to optimize the particle surface area to achieve the highest performance in the anode," the firm said in a statement, adding that those produced were well rounded spherical graphite particles similar to products on the market.

READ: Ceylon Graphite hails the high purity of its vein graphite from K1 mine 

"This is significant as presently all-natural spherical graphite is produced from flake graphite," noted the firm. It produces vein graphite.

Ceylon said it had not yet undertaken electrochemical characterization of its vein graphite, but published papers have shown that such graphite exhibits “many favorable characteristics such as high reversible capacity … Among the natural graphite varieties, vein graphite typically possesses very high crystallinity together with high natural purity, which in turn reduces the cost of purification".

Graphite mined in Sri Lanka is known to be among the purest in the world, but currently accounts for less than 1% of world graphite production.

Also in today's statement, Ceylon said that Robert Marvin had resigned as a director of the company.

Shares were unchanged in Toronto at C$0.12.

Contact the author at giles@proactiveinvestors.com

Quick facts: Ceylon Graphite Corp

Price: 0.12 CAD

TSX-V:CYL
Market: TSX-V
Market Cap: $8.07 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Ceylon Graphite Corp named herein, including the promotion by the Company of Ceylon Graphite Corp in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Ceylon Graphite readying for first production in early 2020

Proactive Research analyst Christopher Ecclestone updates on the development of Ceylon Graphite Corp's (CVE:CYL) mines in Sri Lanka. Ecclestone says they've received environmental approvals for its K1 mine and has recently gained an industrial mining licence with first production likely in...

on 8/10/19

2 min read