ASX-listed exploration company Kingsland Minerals on Wednesday announced a maiden resource estimate for the Leliyn project, confirming the Northern Territory deposit as one of the biggest in Australia.
The project has an inferred resource of 194.6-million tonnes at 7.3 total graphitic content, for 14.2-million tonnes of contained graphite.
“In less than 12 months Kingsland Minerals has delineated the largest graphite deposit in Australia and also one of the largest in the world.
“The demand for graphite is only going to increase and Kingsland is very well placed to develop Leliyn into a globally significant graphite project,” said MD Richard Maddocks.