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SRG Mining Inc ( (TSE:FLCN) ) has issued an announcement.
Falcon Energy Materials plc has announced significant progress in constructing its pilot plant at Jorf Lasfar, Morocco, which is set to be completed by Q4 2025. This development positions Falcon as a leader in producing high-purity coated spherical purified graphite for the global battery industry outside China. The plant’s strategic location offers access to world-class port infrastructure and proximity to key markets. The company has produced CSPG samples for three potential customers, marking a crucial step toward securing long-term offtake agreements for its proposed commercial-scale anode facility.
More about SRG Mining Inc
Falcon Energy Materials plc is a company focused on becoming a fully integrated supplier of battery anode materials. It aims to create a mine-to-market active anode material producer, with a high-purity graphite production mine in the Republic of Guinea and a conversion facility for coated spherical purified graphite in Morocco. The company emphasizes attractive operating costs, proximity to European markets, and strong ESG credentials.
Average Trading Volume: 68,199
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$93.74M
For a thorough assessment of FLCN stock, go to TipRanks’ Stock Analysis page.