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South Star Announces Substantial Completion and Commissioning of the Santa Cruz Phase 1 Graphite Mine in Brazil

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South Star Battery Metals Corp. (TSXV:STS)(OTCQB:STSBF) announces substantial completion and commissioning of its Phase 1 Santa Cruz Graphite Mine in Bahia, Brazil. The plant, with a 12,000 tonnes/year capacity, is set for commercial production in September 2024. Key highlights include:

1. Completion of mine prestrip and ore pad preparation
2. Substantial completion of crushing, flotation, tailings, and concentrate processing systems
3. 6-7 week commissioning period underway
4. Plans to fulfill initial graphite orders in Q4 2024
5. Aims to be the second-largest natural flake graphite producer in the Americas

The company is also developing value-added products, including battery-grade graphite, with commercial sales planned for Q4 2026.

South Star Battery Metals Corp. (TSXV:STS)(OTCQB:STSBF) annuncia il completamento sostanziale e la messa in servizio della sua Fase 1 della Miniera di Grafite di Santa Cruz in Bahia, Brasile. L'impianto, con una capacità di 12.000 tonnellate/anno, è previsto per la produzione commerciale a settembre 2024. Gli aspetti salienti includono:

1. Completamento della preparazione della miniera e della piattaforma per il minerale
2. Completamento sostanziale dei sistemi di frantumazione, flottazione, gestione delle scorie e lavorazione del concentrato
3. Periodo di messa in servizio di 6-7 settimane in corso
4. Piani per soddisfare i primi ordini di grafite nel Q4 2024
5. Obiettivo di diventare il secondo maggior produttore di grafite naturale a scaglie nelle Americhe

L'azienda sta inoltre sviluppando prodotti a valore aggiunto, inclusa la grafite di grado batteria, con vendite commerciali previste per il Q4 2026.

South Star Battery Metals Corp. (TSXV:STS)(OTCQB:STSBF) anuncia la finalización sustancial y la puesta en marcha de su Fase 1 de la Mina de Grafito de Santa Cruz en Bahía, Brasil. La planta, con una capacidad de 12.000 toneladas/año, está prevista para producción comercial en septiembre de 2024. Los aspectos destacados incluyen:

1. Finalización de la preparación de la mina y la plataforma de mineral
2. Finalización sustancial de los sistemas de trituración, flotación, manejos de relaves y procesamiento de concentrados
3. Periodo de puesta en marcha de 6-7 semanas en curso
4. Planes para cumplir con los primeros pedidos de grafito en Q4 2024
5. Se propone convertirse en el segundo mayor productor de grafito natural en escamas en las Américas

La compañía también está desarrollando productos de valor agregado, incluyendo grafito de grado batería, con ventas comerciales planeadas para el Q4 2026.

South Star Battery Metals Corp. (TSXV:STS)(OTCQB:STSBF)는 브라질 바히아에 위치한 산타크루즈 그래프타 광산 1단계의 실질적인 완료 및 가동을 발표했습니다. 이 공장은 연간 12,000톤의 생산 능력을 가지고 있으며, 2024년 9월 상업 생산 시작을 목표로 하고 있습니다. 주요 사항은 다음과 같습니다:

1. 광산 준비와 광석 패드 준비 완료
2. 분쇄, 선별, 광미 처리 및 농축 시스템의 실질적 완료
3. 6-7주 간의 가동 기간 진행 중
4. 2024년 4분기에 최초의 그래프타 주문 이행 계획
5. 미국에서 두 번째로 큰 자연 플라크 그래프타 생산 업체가 되는 것을 목표로 하고 있습니다.

회사는 또한 배터리 등급 그래프타를 포함한 부가 가치 제품을 개발 중이며, 2026년 4분기에 상업 판매를 계획하고 있습니다.

South Star Battery Metals Corp. (TSXV:STS)(OTCQB:STSBF) annonce l'achèvement substantiel et la mise en service de sa Phase 1 de la Mine de Graphite de Santa Cruz à Bahia, au Brésil. L'usine, avec une capacité de 12 000 tonnes/an, est prévue pour une production commerciale en septembre 2024. Les points forts incluent :

1. Achèvement de la préparation de la mine et du pad de minerai
2. Achèvement substantiel des systèmes de concassage, de flottation, de gestion des résidus et de traitement des concentrés
3. Période de mise en service de 6 à 7 semaines en cours
4. Plans pour satisfaire les premières commandes de graphite au T4 2024
5. Vise à devenir le deuxième plus grand producteur de graphite naturel en flocons des Amériques

L'entreprise développe également des produits à valeur ajoutée, y compris du graphite de qualité batterie, avec des ventes commerciales prévues pour le T4 2026.

South Star Battery Metals Corp. (TSXV:STS)(OTCQB:STSBF) gibt den wesentlichen Abschluss und die Inbetriebnahme seiner Phase 1 der Grafitmine Santa Cruz in Bahia, Brasilien, bekannt. Die Anlage, mit einer Kapazität von 12.000 Tonnen/Jahr, ist für die kommerzielle Produktion im September 2024 vorgesehen. Wichtige Highlights umfassen:

1. Abschluss der Vorbereitungen der Mine und der Erzplattform
2. Wesentlicher Abschluss der Brech-, Flotations-, Tailings- und Konzentrationsverarbeitungssysteme
3. 6-7-wöchige Inbetriebnahmephase im Gange
4. Pläne zur Erfüllung der ersten Grafitbestellungen im Q4 2024
5. Ziel, der zweitgrößte Produzent von natürlichem Flake-Grafit in den Amerikas zu werden

Das Unternehmen entwickelt zudem wertschöpfende Produkte, darunter Grafit in Batteriequalität, mit kommerziellen Verkäufen geplant für das Q4 2026.

Positive
  • Phase 1 construction of Santa Cruz Graphite Mine substantially complete
  • Commercial production scheduled to start in September 2024
  • 12,000 tonnes/year production capacity
  • Low strip ratio of 0.5:1 for the first 6 months
  • Commercial agreements for large-scale industrial samples in place
  • Set to become the second largest natural flake graphite producer in the Americas
  • Development of value-added products including battery-grade graphite ongoing
Negative
  • 6-7 week commissioning period may delay immediate production
  • Commercial sales of value-added products not planned until Q4 2026

VANCOUVER, BC / ACCESSWIRE / July 29, 2024 / Highlights:

  • Mine prestrip, preliminary dump foundations and ramps are complete, and approximately 50,000 tonnes of ore is being placed on the ore pad by end of August for commissioning and initial operations.

  • The following plant areas are substantially complete, and commissioning of the equipment is underway:

    • Primary and secondary crushing circuit

    • Floatation/grinding/screening plant

    • Tailings thickener and filter press facilities

    • Concentrate dewatering, drying, screening and bagging systems

  • Internal power distribution, laboratory, support services and other appurtenant installations are substantially complete and ready for operations.

  • The mainline powerline is substantially complete, and the regional energy company COELBA is scheduling the installation of the energy meter and final connection of the installations to the grid power.

  • Commissioning is expected to take approximately 6-7 weeks, after which the plant should be ready for ramp-up and start of commercial production.

VANCOUVER, BC / ACCESSWIRE / July 29, 2024 / SOUTH STAR BATTERY METALS CORP. ("South Star" or the "Company") (TSXV:STS)(OTCQB:STSBF) is pleased to announce that Phase 1 construction for the Company's flagship Santa Cruz Graphite Mine ("Santa Cruz") is substantially complete and commissioning is underway. Santa Cruz is located in Bahia, Brazil, and the Phase 1 plant has a nameplate capacity of approximately 12,000 tonnes/year ("tpy") of natural flake graphite concentrates. Santa Cruz is scheduled to commission the Phase 1 plant and to start commercial production in September 2024. South Star plans to fulfill initial graphite purchase orders in Q4 2024.

The infill drilling and short-term mine plan/sequence for the first quarters of the mine sequence are complete. Prestrip is finalized and approximately 50,000 tonnes of ore will be placed on the ore pad in August 2024. The mine plan confirms simple, open pit mining of oxide ore with at-surface mineralization and a low 6-month strip ratio of approximately 0.5(W):1(O).

Commissioning is underway and is expected to take approximately 6-7 weeks for the four main plant areas:

  1. Crushing circuit - approximately 7-10 days commissioning schedule;

  2. Floatation/grinding/screening plant - Approximately 6 -7 weeks commissioning schedule;

  3. Tailings thickener and filter press - Approximately 4 weeks commissioning schedule; and

  4. Concentrate dewatering, drying, screening and bagging systems - Approximately 4 weeks commissioning schedule.

South Star President and CEO Richard Pearce commented, "We are pleased to have achieved this important milestone of substantial completion of the Phase 1 construction and continue advancing towards ramp-up and commercial production. We have commercial agreements for large-scale industrial samples in place and look forward to shipping those samples in early in Q4 2024. Our Phase 1 production schedule of 12,000 tpy of natural flake graphite will make us the second largest natural flake graphite producer in the Americas. Our team is delivering on our promise to be the first new graphite production in the Americas since 1996."

South Star's immediate go-to-market commercial strategy is to produce high-quality graphite concentrates for various industrial applications and sectors. Concurrently, technical product-development programs are continuing to advance the Company's vertically integrated midstream and downstream product suite for value-added applications -- specifically, battery-graphite products, including specialty Coated Spherical Purified Graphite ("CSPG" or "Active Anode Material") for lithium-ion ("Li-ion") battery applications and conductivity-enhancement products applicable to all commercial primary and secondary battery chemistries -- with commercial sales planned for Q4 2026. The Company looks forward to updating the market on the progress of developments with other potential customers as soon as details are finalized.

Video Link 1 - Santa Cruz Graphite Mine Plant Site A

Video Link 2 - Santa Cruz Graphite Mine Plant Site B

# # #

About South Star Battery Metals Corp.

South Star Battery Metals Corp. ("South Star") is a Canadian battery-metals project developer focused on the selective acquisition and development of near-term production projects in the Americas. South Star's Santa Cruz Graphite Project, located in Southern Bahia, Brazil is the first of a series of industrial- and battery-metals projects that will be put into production. Brazil is the second-largest graphite-producing region in the world with more than 80 years of continuous mining. Santa Cruz has at-surface mineralization in friable materials, and successful large-scale pilot-plant testing (> 30 tonnes) has been completed. The results of the testing show that approximately 65% of graphite concentrate is +80 mesh with good recoveries and 95%-99% graphitic carbon (Cg). With excellent infrastructure and logistics, South Star is fully funded for Phase 1, and the construction and commissioning are underway. Santa Cruz will be the first new graphite production in the Americas since 1996, with Phase 1 commercial production projected in Q3 2024. Phase 2 production (25,000 tonnes / year) is partially funded and planned for 2026, while Phase 3 (50,000 tonnes / year) is scheduled for 2028.

South Star's second project in the development pipeline is strategically located in Alabama in the center of a developing electric-vehicle, aerospace, and defense hub in the southeastern United States. The BamaStar Project includes a historic mine active during the First and Second World Wars. A NI 43-101 guided technical report with the maiden resource estimate has been filed on SEDAR. Trenching, Phase 1 drilling, sampling, analysis, and preliminary metallurgical testing have been completed. The testing included a traditional crush/grind/flotation concentration circuit that achieved grades of approximately 94-99% Cg with approximately 90% recoveries. The vertically integrated production facilities include a mine and industrial concentrator in Coosa County, Alabama and a downstream value-add plant in the Southeast USA, which will be upgrading natural flake graphite concentrates from both Santa Cruz and BamaStar mines. South Star is executing on its plan to create a multi-asset, diversified battery-metals company with near-term operations in strategic jurisdictions. South Star trades on the TSX Venture Exchange under the symbol STS, and on the OTCQB under the symbol STSBF.

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. To learn more, please visit the Company website at http://www.southstarbatterymetals.com.

This news release has been reviewed and approved by Richard Pearce, P.E., a "Qualified Person" under National Instrument 43-101 and President and CEO of South Star Battery Metals Corp.

On behalf of the South Star Board of Directors,

MR. RICHARD L. PEARCE,
President & Chief Executive Officer

For additional information, please contact:

South Star Investor Relations

Email: invest@southstarbatterymetals.com
Phone: +1 (604) 706-0212

Website: www.southstarbatterymetals.com
Twitter: https://twitter.com/southstarbm
Facebook: https://www.facebook.com/southstarbatterymetals
LinkedIn: https://www.linkedin.com/company/southstarbatterymetals/
YouTube: South Star Battery Metals - YouTube

CAUTIONARY STATEMENT

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Information

This press release contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements". Forward-looking statements in this press release include, but are not limited to statements regarding moving Santa Cruz into production and scaling operations as well as advancing the Alabama project; and the Company's plans and expectations.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

SOURCE: South Star Battery Metals Corp.



View the original press release on accesswire.com

FAQ

When will South Star Battery Metals (STSBF) start commercial production at Santa Cruz Graphite Mine?

South Star Battery Metals plans to start commercial production at the Santa Cruz Graphite Mine in September 2024.

What is the production capacity of South Star's Santa Cruz Graphite Mine Phase 1?

The Phase 1 plant of Santa Cruz Graphite Mine has a nameplate capacity of approximately 12,000 tonnes per year of natural flake graphite concentrates.

When does South Star (STSBF) expect to fulfill initial graphite purchase orders?

South Star plans to fulfill initial graphite purchase orders in Q4 2024.

What is the expected commissioning period for South Star's Santa Cruz Graphite Mine?

The commissioning period for South Star's Santa Cruz Graphite Mine is expected to take approximately 6-7 weeks.

When does South Star (STSBF) plan to start commercial sales of battery-grade graphite products?

South Star plans to start commercial sales of battery-grade graphite products, including Coated Spherical Purified Graphite (CSPG), in Q4 2026.

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