Eureka Report correspondence

Lithium and portfolio updates.

Batteries of the future

I am impressed with Who's who in the $2 billion lithium boom Tim Treadgold13 April 2016,  but invite your attention to the following announcement, which is missing from Tim's report.
"Magnis Resources Limited (“Magnis” or the “Company”) (ASX:MNS) is pleased to announce the latest results from ongoing qualification and development work on the production of high-purity anode graphite for lithium-ion batteries.

Exceptionally high purity of 99.99% TGC has been achieved in the production of coated anode graphite for lithium-ion batteries. The production of the anode graphite from concentrate, involved a two-step process whereby the graphite flake concentrate was firstly converted to uncoated spherical graphite at 99.8% TGC without the use of chemical purification. The uncoated spherical graphite was then subjected to a thermal coating process, which further purified the graphite in the process of making the final coated anode product.

Magnis CEO Dr Frank Houllis commented: “The significance of today’s announcement is that Magnis has now verified each step in the production of an anode graphite material that meets or exceeds end user specifications. The exceptional crystal structure of Nachu flake graphite with low impurities has also demonstrated excellent performance metrics in lithium-ion batteries. The production of 99.99% TGC represents a major step in end user qualification.”

- Vasso

From Tim Treadgold:

Thanks for the email regarding Magnis. I am aware of the company and its graphite exploration, and that graphite has a role to play in power-storage. However, the purpose of last week’s story was to look at lithium. I’ll keep your note as a reminder for the next time I look at graphite.

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