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Bass Metals Announces Concentrates Confirmed as Benchmark and Highly Suitable for Use in Lithium-ion Batteries

HIGHLIGHTS

• Independent test work demonstrates Graphmada graphite concentrates as highly suitable for lithium-ion battery applications with a very high purity of 99.99 wt.% carbon achieved.

• All analyzed parameters including bulk density, tap density and surface area (BET) are similar to typical spherical graphite products in the market and meet leading battery anode manufacturer specifications.

• Results confirm Graphmada concentrates as the benchmark for saleable concentrates across all market segments and supports Bass’ strategy to build an international industrial minerals business through growing Graphmada’s current production to mid-tier production levels.

Bass Metals Limited (ASX:“BSM”) (the “Company”) is pleased to announce the results from an independent evaluation of its natural flake graphite for lithium-ion battery applications.


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