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Ceylon Graphite Corp.

09:25 AM EST - Ceylon Graphite Corp. : Announced that it has completed the world’s first full cell testing using spherodized vein graphite materials in commercial size pouch cells following automotive “Original Equipment Manufacturer” (OEM) standards. Ceylon Graphite ’s vein graphite anode material exceeded comparable anodes made with industry standard commercial synthetic graphite and were able to achieve excellent reproducibility in the tests carried out from 2021 through to 2023. This is the first time that spherodized vein graphite materials were tested in a lithium-ion battery full cell. The tests were conducted at a leading global, independent test facility, Warwick Manufacturing Group (WMG), part of University of Warwick’s Energy Innovation Centre. Ceylon Graphite Corp. shares V.CYL are trading unchanged at $0.06.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=CYL%3ACA&qmodStoryID=7268575749398503