NextSource Materials’ primary technological focus centers on their SuperFlake® graphite production and processing capabilities. The company’s Battery Anode Facilities (BAFs) transform raw graphite into spheronized and purified graphite (SPG) and coated SPG (CSPG), essential components for lithium-ion battery anodes. These facilities implement advanced processing techniques, including blending, coating, purification, and spheroidizing, to create materials that meet exact specifications for EV manufacturers. The company’s expansion strategy includes developing multiple BAFs globally, with a planned total production capacity of 100,000 tonnes per annum of CSPG over the next five years. These facilities will be strategically located in Saudi Arabia, North America, and Europe to serve major markets efficiently. Their processing technology ensures consistent quality while maintaining environmental standards, supporting the sustainable development of EV battery materials.
US$20 million credit facility from Vision Blue Resources structured in four US$5 million tranches; screening equipment upgrades at the Molo Graphite Mine to enhance recoveries; technical and economic study for a proposed Battery Anode Facility in Saudi Arabia; raised CAD$14,695,893 through a private placement to support BAF development and Molo Mine Phase 2 expansion.
Vision Blue Resources holds 48.0%, Theseus (Guernsey) Ltd as Trustee of The Athol 3 Settlement holds 51.0%, Brett Whalen holds 0.6%, Marc Johnson holds 0.3%, and Brent Nykoliation (EVP Corporate Development) holds 0.3%.
