South Star Battery Metals Corp.
Commencing Production Next Month / Trump Win May Propel Graphite Stocks
Published: 8/19/2024
Author: FRC Analysts
Sector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:
STSBF - NASDAQ 🔹
STS.V - NEO 🔹
- Since our previous report in April 2023, STS has made substantial progress on its graphite projects, including the open-pittable Santa Cruz graphite project (Brazil), and the BamaStar project (a historic producer with an open-pittable deposit) in Alabama.
- Santa Cruz is set to begin phase one production next month, targeting an annual output of 12 Kt of flake graphite.
- STS has secured the necessary permits and licenses for a three-phase development plan, and has entered into initial sales agreements with U.S. clients for its graphite concentrate.
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