Woxna and Sicona Sign MOU for Active Anode Composites

Leading Edge Materials Corp of Vancouver, BC reports that its Swedish subsidiary Woxna Graphite AB of Sweden has signed a non-binding Heads of Agreement (MOU) with Sicona Battery Technologies Pty Ltd of Australia. The MOU lays out the path for the establishment of a Sweden based joint venture targeting the production of advanced natural graphite and silicon-graphite-carbon composite active anode materials using natural graphite from the Woxna Graphite mine as feedstock.

Leading Edge believes that its existing mine and developed downstream processes together with Sicona’s innovative technology offers the opportunity to deliver a secure and sustainable supply of high performance battery materials for the European battery industry.

Filip Kozlowski, Leading Edge’s CEO, stated, “The opportunity to combine the thermally purified spherical natural graphite from Woxna with Sicona’s silicon-graphite-carbon composite technology for the production of high-performance next generation anode materials is obvious. We believe that moving towards a formal joint venture and the establishment of a first stage commercial demonstration facility to produce 500 tonnes per year of various anode materials will demonstrate the quality of our products to potential customers in Europe.”

Volume 35, Issue 19

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