South Star Battery Metals Corp.
Commenced Production in Brazil, Advancing U.S. Graphite Strategy
Published: 1/10/2025
Author: FRC Analysts
Sector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:
STSBF - NASDAQ 🔹
STS.V - NEO 🔹
- Since our previous report in August 2024, STS has commenced commercial production at its Santa Cruz graphite project (Brazil), and completed a Preliminary Economic Assessment (PEA) on the BamaStar graphite project (a historic producer) in Alabama.
- STS aims to establish a vertically integrated battery-graphite plant in the U.S., sourcing 100,000 tpy of flake graphite from its projects in Brazil and Alabama. The plant will produce 61,800 tpy of high-value products, such as battery anode materials, enough to support graphite requirements for 1M electric vehicles per year.
- At Santa Cruz, STS has commenced phase one production with an annual capacity of 12 Kt of flake graphite concentrates. The project is fully permitted for 50 Kt per year. We estimate that phas
