Ceylon Graphite acquires licence for graphene tech

Jun 15, 2021

2021-06-14 10:13 ET – News Release

Mr. Don Baxter reports

CEYLON GRAPHITE ANNOUNCES LICENCE FOR VEIN GRAPHITE AND GRAPHENE TECHNOLOGIES

Ceylon Graphite Corp. has acquired an exclusive global licence from Cambridge Advanced Materials & Innovation. The licence pertains to a method of producing high-quality few-layer graphene (FLG) and derivatives by exfoliation of high-grade vein graphite produced by Ceylon Graphite (the technology).

This is a low-energy process which results in high-yield, few-layer graphene products. This industrial process is already fully designed for large-volume production, and is scalable, with modules added as demand increases. Upon completion of the licence agreement, Ceylon Graphite has gained full access to all intellectual property surrounding the technology and know-how. Use of Ceylon’s high-grade feedstock material — vein graphite — leads to minimal to nil industrial waste during the production of graphene. The combination of unique raw materials and eco-friendly, low-cost production process, places Ceylon in a position to offer high-quality graphene products at an attractive price.

The graphene market has been growing at a significant rate, and a number of potential customers have indicated their interest in joint development and/or collaboration in graphene product applications. Ceylon has commenced its graphene product validation in a myriad of industrial applications. In particular, use of resultant graphene in silicon additive utilization technology for lithium-ion batteries is shown to be promising. This opens up a whole new technology area for Ceylon Graphite’s value-added product range.

Ceylon chief executive officer Don Baxter stated: “I am excited for Ceylon to have this technology. In the past, talk of graphene has always been on a micro scale and issues around production of large quantities was always a hurdle to overcome. Ceylon has acquired an industrial-scale process that will allow us to utilize graphene additives in commercial applications developed by Drs. Siva and Mallika Bohm. The onset of the EV revolution has provided an opportunity for Ceylon to contribute in a meaningful way, through enhancements to the graphite anode in a lithium ion battery.”

Qualified person

Mr. Baxter, PEng, is a qualified person under National Instrument 43-101, and has reviewed and approved the technical information provided in this news release.

About Ceylon Graphite Corp.

Ceylon Graphite is a public company listed on the TSX Venture Exchange, that is in the business of mining for graphite, and developing and commercializing innovative graphene and graphite applications and products. Graphite mined in Sri Lanka is known to be some of the purest in the world and has been confirmed to be suitable to be easily upgradable for a range of applications including the high-growth electric vehicle and battery storage markets as well as construction, health care and paints and coatings sectors. The government of Sri Lanka has granted the company’s wholly owned subsidiary Sarton Development (Pvt) Ltd. an IML category A licence for its K1 mine and exploration rights in a land package of over 120 square kilometres. These exploration grids (each one square kilometre in area) cover areas of historic graphite production from the early 20th century and represent a majority of the known graphite occurrences in Sri Lanka.

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https://www.ceylongraphite.com/