Archer successfully produces batteries with Campoona graphite

By Justin Ware. Published at Aug 21, 2018, in Mining

Archer Exploration (ASX:AXE) has provided an update on its collaboration with the University of New South Wales (UNSW).

Functional full-cell lithium ion batteries, which utilise the company’s Campoona graphite have been successfully assembled. In addition, the batteries are commercially scalable and have been validated for performance.

AXE’s Campoona graphite was utilised at the anode, while commercially equivalent cathode materials and chemistries used in consumer electronics and electric vehicles.

Yet it remains a speculative stock and investors and investors should take a cautious approach to any investment decision made with regard to this stock.

Lithium-nickel-manganese-cobalt (NMC), lithium-iron phosphate (LFP) and lithium-cobalt oxide (LCO) were used to construct the full-cells – with the batteries being prepared as coin-cells (resembling a coin).

AXE coin-cell batteries

AXE’s 99% acid-leached graphite from Campoona was used without further optimisation. The NMC and LCO cathode bodies were prepared at UNSW, with the LFP cathode commercially sourced.

Synthesis, fabrication, characterisation and testing was undertaking by the UNSW on campus. Key performance standards were in line with industry state-of-art values, due in part to the exceptional properties of the company’s Campoona graphite.

AXE CEO Dr Mohammad Choucair commented on the promising development, “The speed in which we are able to deliver such exceptional outcomes is testament to the strong technical leadership and culture of excellence at Archer.

“Collaboration with UNSW has greatly accelerated our advance in the battery space. We are now able to demonstrate complete, functioning, and commercially relevant batteries with Archer’s graphite.

“We have reached a major milestone towards integrating our substantial graphite resource in the lithium ion battery supply chain. The work definitively shows that Archer’s graphite can be used in conjunction with different types of cathodes, making it suitable for multiple potential battery markets.”

Next steps

AXE will now turns its focus to addressing the trade-off between cost and battery performance. The company will continue to seek partnerships with lithium ion battery manufacturers to scale and integrate Campoona graphite further in the supply chain.

The ongoing collaboration with UNSW will continue, with the intention of generating add on value to AXE’s proposed Campoona development through the co-development of IP geared around ultra-high graphite purity.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Thanks for subscribing!