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Blackearth Minerals NL receives premium high-grade results from pilot program on Maniry graphite

BlackEarth Minerals receives premium high-grade results from pilot program on Maniry graphite Further analysis of concentrate tests resulted in an average fixed carbon level of 96.77% for greater than 80% of the jumbo and large flake product tested - making this some of the world s highest value graphite concentrate produced. Further testing will continue for remainder of April and May 2021. BlackEarth Minerals NL (ASX:BEM) ongoing test-work on graphite from the Maniry Project in Madagascar has further validated the product s potential for downstream processing and feed for rapidly expanding electric vehicle (EV) markets. Refinement to the Stage 2 Pilot Plant design has focused on achieving even higher increases to concentrate grades with results demonstrating that more than 31% of BEM’s product can be produced at a Fixed Carbon (FC) level above 96.5%.

BlackEarth Minerals (ASX:BEM) improves on Maniry test results

BlackEarth Minerals (ASX:BEM) improves on Maniry test results SubscribeBe the first with the news that moves the market BlackEarth Minerals (BEM) has welcomed further high-grade test results from its stage two large-scale pilot test program  Results demonstrated that over 31 per cent of BlackEarth’s graphite product can be produced at a fixed carbon level above 96.5 per cent The latest results followed two weeks of additional refinements to the company’s stage two pilot plant design Further testing will continue throughout April and May, before resulting in publication of a final report afterwards BlackEarth Minerals is in the grey and trading at 15 cents per share

BlackEarth closes heavily oversubscribed placement to raise $4 89 million

Funds shall be applied towards completing the Company’s Definitive Feasibility Study (“DFS”) A full-scale project development plan for Madagascar shall be fast tracked during 2021 Funding will also allow the Company to conclude extensive drilling and exploration programs at its Maniry and other high-grade sites in Madagascar Concentrate from Stage 2 Pilot program shall be provided to Urbix Resources and LuxCarbon for testing and advancement of further offtake arrangement discussions Allocation of funding to be used in advancing downstream processing development plans Following the Placement, the Company’s cash balance has increased to circa $7.4 million BlackEarth Minerals NL (ASX: BEM) (BlackEarth or the Company) is pleased to announce that it has successfully completed a bookbuild and secured commitments from domestic and international institutional and sophisticated investors to subscribe for approximately 36.13m new fully paid ordinary shares (New Shares) in t

Blackearth Minerals NL raises $4 89 million in heavily oversubscribed placement to finalise graphite project DFS

Blackearth Minerals NL raises $4 89 million in heavily oversubscribed placement to finalise graphite project DFS
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