Mineral Commodities unveils plan for Norway anode materials plant
2020-09-22 14:24:08 [Print]
Australia-listed Mineral Commodities on Monday outlined its plans to develop a vertically integrated graphite business, from mine to the production of active anode materials, announcing the outcomes of a prefeasibility study (PFS) to build a dedicated active anode materials plant (AAMP) in Norway.
The AAMP would initially be built to produce up to 10,000tpy of active anode material, supplied with high-grade graphite concentrate from Mineral Commodities' Skaland operations, in the northern part of Norway.
Production from Skaland would ramp up from 10,000tpy in 2020 to 16,000tpy in 2023, to supply module one of the AAMP.
The AAMP would then be expanded through two additional 20,000t modules to process graphite concentrate from Mineral Commodities' Munglinup operations, in Australia. The AAMP PFS assumes that Munglinup comes into production in 2025, with concentrate producing ramping up from 14,200tpy in 2025 to 45,000tpy in 2026.
The PFS considers two alternative methods of purification to produce active anode material for batteries in electric vehicle and stationary uses – a caustic roast process and a carbochlorination process. The development capital for the caustic downstream option is $1.6-billion and the carbo downstream option $1.2-billion. Either option will generate revenue of $4.68-billion over its operating life.
The AAMP would initially be built to produce up to 10,000tpy of active anode material, supplied with high-grade graphite concentrate from Mineral Commodities' Skaland operations, in the northern part of Norway.
Production from Skaland would ramp up from 10,000tpy in 2020 to 16,000tpy in 2023, to supply module one of the AAMP.
The AAMP would then be expanded through two additional 20,000t modules to process graphite concentrate from Mineral Commodities' Munglinup operations, in Australia. The AAMP PFS assumes that Munglinup comes into production in 2025, with concentrate producing ramping up from 14,200tpy in 2025 to 45,000tpy in 2026.
The PFS considers two alternative methods of purification to produce active anode material for batteries in electric vehicle and stationary uses – a caustic roast process and a carbochlorination process. The development capital for the caustic downstream option is $1.6-billion and the carbo downstream option $1.2-billion. Either option will generate revenue of $4.68-billion over its operating life.
