Welcome to our dedicated page for Global Li Ion news (Ticker: GBBGF), a resource for investors and traders seeking the latest updates and insights on Global Li Ion stock.
Global Li Ion Graphite Corp (GBBGF) delivers essential updates on its graphite mining operations and strategic initiatives through this dedicated news hub. Investors and industry observers will find timely press releases and verified updates about the company's exploration activities, project developments, and compliance milestones in key operational regions.
This resource centralizes critical information about GBBGF's high-grade graphite production, including progress at its Madagascar and Mozambique projects. Users gain access to operational updates ranging from metallurgical testing results to strategic asset acquisitions, all while maintaining strict adherence to regional mining regulations.
The page features updates across three core areas: project development milestones at established sites like Ambato-Arana, exploration progress in emerging graphite districts, and technical process enhancements supporting consistent product quality. Additional coverage includes regulatory filings and partnership announcements relevant to graphite market dynamics.
For stakeholders tracking the battery materials sector, this page serves as an objective reference for GBBGF's operational footprint. Bookmark this resource for streamlined access to the company's latest developments in mineral exploration and graphite production.
Global Li-Ion Graphite Corp. (CSE: LION, OTCQB: GBBGF) has secured a processing plant near its Ambato Arana Graphite mine. The facility includes grinding, flotation, filtering, and drying sections, with historical production achieving 94% C graphite concentrate. Planned upgrades aim to improve concentration to 98% C with initial output of 5,000 tonnes/year, scaling to 15,000 tonnes/year alongside increased ore production.
The acquisition price will be determined by a third party. This development gains strategic importance as the US International Trade Commission has voted for 920% tariffs on Chinese graphite products, while the USGS reports zero US natural graphite production in 2024.
Global Li-Ion Graphite Corp. (CSE: LION, OTCQB: GBBGF) has entered into a stand-still MOU to acquire a 100% interest in the Montepuez Graphite Project in Mozambique. The project spans 14,656.05 hectares and is one of six properties in the country holding a mining license.
Located near Montepuez in Cabo Delgado province, the project is strategically positioned adjacent to Syrah Resources (market cap $240 million) and Battery Minerals' project, recently acquired by Tirupati Graphite. The parties aim to finalize a definitive sales and purchase agreement by April 15th, 2025.
Mozambique ranks as the world's third-largest graphite producer, known for high-quality flake graphite, with estimated reserves of 26 million tonnes.
Global Li-Ion Graphite Corp. (CSE: LION, OTCQB: GBBGF) provided an update regarding its Ambato-Arana graphite mine in Madagascar. The company highlighted that Madagascar's government has officially enacted new Implementation Procedures for a revised Mining Code through Parliament, which is expected to provide a framework for developing graphite and other mining projects in the country.
The company's updated mine plan, filed in 2023, can now be processed under the new framework. Global Li-Ion aims to restart graphite production and increase capacity at the Ambato-Arana project in 2025, following what the company describes as 'many unforeseen delays' over the past three years.
Global Li-Ion Graphite Corp. (CSE: LION, OTCQB: GBBGF) has signed a Memorandum of Understanding (MOU) with a private Malagasy company to conduct due diligence on Uranium prospects in Madagascar. Historical and recent exploration indicates significant potential for Uranium deposits. The chairman emphasized the project's importance for green energy and nuclear power's role in the growing energy demands of the tech industry.
Global Li-Ion Graphite Corp. announced the restart of production at its Ambato-Arana graphite mine after significant delays due to COVID-19. The Company has engaged local communities, gathering support and addressing concerns about the project. Key initiatives include improving local education, health services, and providing employment opportunities. The project spans 4,375 hectares and is expected to leverage modern production methods for enhanced graphite output. Additionally, 2.5 million stock options have been reset at $0.12, expiring April 10, 2024.
Global Li-Ion Graphite Corp. announced a partnership with Swiss EMX to launch a Commodity backed Graphite Token, linked to the Ambato-Arana graphite project in Madagascar. The agreement honors a prior offtake arrangement while Global Li-Ion will acquire a 15% stake in Swiss EMX for $250,000. Increased demand for energy storage, spurred by electric vehicles, is driving the need for liquidity in graphite markets. Additionally, shareholders exercised 6 million warrants, raising over $720,000, and the company set 1 million stock options at $0.22.
Global Li-Ion Graphite Corp. (CSE: LION) is positioned to address a global graphite shortage as China curtails exports, controlling 70% of the world supply. LION's Malagasy Graphite mines can leverage their strategic location to supply high-grade graphite to India, China, and Europe. The company holds three renewable mining licenses covering 4,375 hectares, which are now ready for modern exploitation after previous production ceased in 2012. Shareholders have exercised over 3 million warrants at $0.12, raising approximately $360,000.
Global Li-Ion Graphite Corp. has initiated a field due diligence and exploration program for the MVZ Silver Mine Property in Chihuahua, Mexico. The 1,750-hectare site includes three historical silver-gold deposits and exhibits significant mineralization potential, with silver values exceeding 1,000 grams per tonne. The project is located within the Sierra Madre Gold-Silver Belt, known for its rich mineral deposits. The exploration is supervised by a qualified professional and aims to confirm the presence of valuable sulfide mineralization.
