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Comet Resources updates on graphite metallurgical test work

Comet Resources updates on graphite metallurgical test work Comet Resources Limited s (ASX:CRL) Matt O Kane updates Proactive on the progress of test-work assessing the amenability of natural flake graphite from its Springdale graphite project in Western Australia to produce battery anode material suitable for use in EVs. The concentrate has now arrived at a specialist facility in Germany, been dried and prepared for testing with test-work underway. In addition to the tests being performed by the specialist lab for Comet, sample concentrate material has also been provided to a third-party producer of anode material for their test work. Quick facts: Comet Resources Ltd

Comet Resources Limited welcomes bulk tests to assess amenability of Springdale graphite for EV use

Comet Resources welcomes bulk tests to assess amenability of Springdale graphite for EV use A bulk test-work program is being conducted to determine the suitability of natural flake graphite from the high-grade zone at Springdale Project for use in battery anodes for electric vehicles. Graphite suitable for battery production is highly sought after and attracts premium pricing. Comet Resources Limited (ASX:CRL) is pleased with the progress of ongoing test-work assessing the amenability of natural flake graphite from its Springdale Graphite Project in Western Australia to produce battery anode material suitable for use in EVs. After producing a bulk sample of Springdale graphite concentrate during June at a lab in Perth, Western Australia, the concentrate has arrived at a specialist facility in Germany, been dried and prepared for testing with test-work underway.

S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record

13:48 Thu 01 Jul 2021 S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record OPEC+ may discuss on Thursday about extending the current oil production cuts beyond its original end date of April 2022. The crude oil price is near multi-year highs and recorded its seventh monthly gain in the past eight months. S&P/ASX 200 (INDEXASX:XJO) has slipped 0.48% to 7,277.6 following mixed moves overnight on Wall Street, with the S&P 500 hitting another record high while the Nasdaq fell 0.2%. The local index has surged 24% in the last 12 months for its best year on record.

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