Developing One of the Best Graphite Deposits in the World
Stock Code:
TSXV: SRG
Company Exposure:
Graphite
Project Locations:
Guinea, Africa
SRG Mining is a Canadian-based mining company focused on developing the Lola Graphite project located in the Republic of Guinea, West Africa. The Lola Graphite project has proven and probable reserves of 41Mt at a grade of 4.14% Cg. SRG aims to develop a fully integrated source of battery anode material to supply the European lithium-ion and fuel cell markets.
With attractive operating costs, proximity to European end-markets, and strong ESG credentials, the company is poised to become a reliable supplier while promoting sustainability and supply chain transparency. SRG is committed to generating sustainable, long-term benefits that are shared with the host countries and communities where it operates.
Investment Highlights
SRG is Well Positioned to Become a Mine-to-Market Producer of AAM (Active Anode Material)
GRAPHITE
- Graphite has significant and well-established traditional usage (refractory bricks, lubricants, etc.)
- Active anode material is a growth market as essential input for lithium-ion batteries
- Offtakers seeking diversity of supply as China dominates current supply chain
TEAM
- Strong track record of de-risking, engineering, financing, and construction of African mining projects
- La Mancha cornerstone investment validates new development strategy
- Debt and equity financing discussions underway with various strategic and financial partners
- Strong in-country support from Guinean authorities and local communities
NEW STRATEGY
- New management team has revisited development and financing strategy
- Increased capital efficiency by doubling proposed mine production to 94Ktpa graphite concentrate
- Integrated business model to create of a mine-to-market producer of anode material
LOLA PROJECT
- Long-life, world-class project with low operating costs, low capital intensity, and small environmental footprint
- Updated feasibility study complete and FEED contract negotiations to come
- Fast track a preliminary economic assessment of conversion facility in North America / UK / Europe