Metals Australia is progressing with its flagship Lac Rainy flake graphite project in Quebec, Canada. Lac Rainy is well-positioned to supply high-quality graphite products, including battery-grade graphite to the North American market – including for lithium-ion and EV battery production. The company has planned a drilling program to test new high-grade zones identified from the sampling program, which will form the basis for upgrading the existing Lac Rainy mineral resource.
The Lac Rainy graphite project in eastern Quebec, Canada has access to excellent infrastructure, including hydroelectric power facilities. The project hosts an existing JORC 2012 mineral resource of 13.3 million tons (Mt) @ 11.5 percent graphitic carbon, which was announced in 2020 and a scoping study was completed and reported on in early 2021.
This Metals Australia profile is part of a paid investor education campaign.*
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