South Star CEO eyes faster ramp up of Brazil graphite mine

South Star Battery Metals

20/10/2023 21:16

RIO DE JANEIRO, Oct 20 (Reuters) - South Star Battery
Metals  STS.V  is looking into a faster ramp up of its Brazilian
graphite mine, CEO Richard Pearce told Reuters on Friday, after
China said it will require export permits for the key ingredient
in electric vehicle batteries.
    "One of the scenarios, given everything that is going on in
the world, is skipping Phase 2 and going straight to Phase 3,"
said the chief executive of the Vancouver-based miner. That
would take the Santa Cruz project's output to 50,000 metric tons
annually, from 5,000 metric tons in Phase 1, which is due to
start commercial production in January.

 (Reporting by Fabio Teixeira
Editing by Brad Haynes)
 ((brad.c.haynes@tr.com; +55 11 5644 7725;))