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Uley 2 graphite project – Phase 1, Australia

Image of graphite specimen

8th July 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Uley 2 graphite project – Phase 1.

Location
Eyre Peninsula, South Australia.

Project Owner/s
Quantum Graphite.

Project Description
Uley 2 has total mineral resources of 6.3-million tonnes grading 11.1% total graphitic carbon (TGC), and total ore reserves of four-million tonnes grading 11.89% TGC.

Phase 1 is expected to produce a minimum of 55 000 t of high-purity course flake.

Graphite particles will be liberated through crushing and grinding followed by floatation and polishing sections. Multistage polishing critical to enhanced flake graphite recoveries and maximising purity and coarse flake size.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
A$79.98-million.

Planned Start/End Date
Production is expected to start at the end of 2026.

Latest Developments
Quantum Graphite signed an offtake agreement with Switzerland-based global metal and minerals trading group MRI Trading in May 2022 for all the flake graphite produced at its Uley 2 Phase 1 project for five years.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Quantum Graphite, tel +61 3 8614 8414 or email info@quantumgraphite.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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