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STSBD - STSBD STOCK NEWS

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South Star Battery Metals Corp. (STSBD) is a Canadian battery metals project developer focused on acquiring and developing near-term production projects in the Americas. The company's flagship project, the Santa Cruz Graphite Project in Brazil, is the first of several industrial and battery metals projects in production. With successful large-scale pilot-plant testing completed, Santa Cruz is on track for Phase 1 commercial production in Q2 2024, offering a strategic location in a key mining region with excellent logistics and infrastructure.

South Star is fully funded for Phase 1 construction and commissioning, and has plans for subsequent production phases in 2026 and 2028. The company's commitment to safety, ESG principles, stakeholder engagement, and project execution reflects its goal to be a diversified battery metals company. With a second project in Alabama aimed at creating a multi-asset battery metals company, South Star is positioned for near-term operations in vital industry sectors.

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South Star Battery Metals Corp. announces the award of contracts for the National Instrument 43-101 Preliminary Economic Assessment for the BamaStar Graphite Project. The PEA will update the maiden Mineral Resource Estimate, focusing on battery-graphite and specialty-graphite products. The Company is also testing Santa Cruz graphite concentrates for battery applications. CEO Richard Pearce highlights the strategic importance of the project in the EV and energy storage sector.
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South Star Battery Metals Corp. successfully closes oversubscribed private placement, raising C$6,697,119 for exploration and development activities. The company plans to accelerate production of graphite concentrates in 2024 and 2025, aiming to become the first new graphite producer in the Americas this century.
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South Star Battery Metals Corp. completes oversubscribed private placement, raising C$4,907,757.80 for exploration, development, and working capital.
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Company XYZ (XYZ) CEO Richard Pearce to Provide Corporate Update and Live Q&A
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South Star Battery Metals Corp. (STS:TSXV)(STSBF:OTCQB) receives a US$3.2 million grant from the Department of Defense under the Defense Production Act to advance a National Instrument 43-101 Feasibility Study for the BamaStar Graphite Project and a vertically integrated lithium-ion battery-graphite anode manufacturing facility in the USA. The company is also finalizing Phase-1 construction of the Santa Cruz Graphite Mine in Brazil and intends to commence commercial concentrate production in January 2024.
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South Star Battery Metals Corp. has completed an oversubscribed non-brokered private placement, raising C$4,522,948.45. The funds will be used for exploration, development, construction activities, corporate G&A, and general working capital requirements.
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FAQ

What is the market cap of STSBD (STSBD)?

The market cap of STSBD (STSBD) is approximately 9.8M.

What is South Star Battery Metals Corp. focused on?

South Star Battery Metals Corp. is focused on acquiring and developing near-term production projects in the Americas with a particular emphasis on battery metals.

Where is the Santa Cruz Graphite Project located?

The Santa Cruz Graphite Project is located in Southern Bahia, Brazil, a strategic region known for its graphite production and mining infrastructure.

What are South Star's plans for Phase 1 commercial production?

South Star is on track for Phase 1 commercial production in Q2 2024 at the Santa Cruz Graphite Project, marking a significant milestone in the company's operations.

What are South Star's long-term production goals?

South Star aims to scale production over the next 5-7 years to produce 100,000 tonnes/year of graphite concentrates and 70,000 tonnes/year of value-add materials through phased operations.

How is South Star addressing the demand for battery-graphite materials?

South Star is advancing a vertically integrated graphite supply chain with near-term production and high-quality assets in strategic jurisdictions in the Americas to meet the demand for battery-graphite materials.

What is South Star's approach to safety and sustainability?

South Star is committed to a corporate culture, project execution plan, and safe operations that embrace the highest standards of ESG principles based on transparency, stakeholder engagement, ongoing education, and stewardship.

STSBD

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STSBD Stock Data

9.79M
17.15M
14.66%
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