Volt Carbon Technologies Inc. announced the commencement of battery anode development using graphite refined from Green Battery Minerals Berkwood property, accompanied by the release of initial test results affirming the high-grade graphite's suitability for lithium-ion batteries. Utilizing the super jumbo flake graphite concentrate derived from rock samples provided by GEM to Volt in July 2023, Volt's Scarborough facility successfully executed a dry separation process, yielding a record-high total carbon content of 98.4%, as announced on August 15, 2023. Under the guidance of Dr. Aiping Yu, Volt's newest Board Member and University of Waterloo Professor, the graphite underwent a straightforward mechanical reduction process to achieve battery-grade anode sizes without the need for additional purification treatment.

Dr. Yu's team extensively characterized the graphite using techniques such as x-ray diffraction, Inductively Coupled Plasma Mass Spectrometry (ICP-MS), and scanning electron microscopes (SEM), confirming its suitability for further battery anode development. This involved coin cell fabrication through a straightforward micronization process applied to the flake graphite concentrate. Subsequently, coin cells were manufactured alongside benchmarked samples of commercially available graphite anodes and are currently undergoing cycle testing at both Solid Ultrabattery's and the University of Waterloo's labs.

Initial coin cell testing revealed a capacity of 344mAh/g, achieved without any chemical processes and under entirely dry handling conditions and without spheroidization and carbon coating. This highlights the efficacy of the mechanical reduction process and underscores the promising potential of sustainable dry-separated graphite for battery applications. With further process adjustments, the company aims to achieve results exceeding 360 mAh/g in the upcoming quarter.

The XRD and Raman shift plots below show the similarities of GEM's natural graphite structure against commercial battery grade anodes. The integrity of the graphite structure is evaluated by the ID/IG ratio of the samples. All of GEM's samples showed approximately the same ratio as the commercial anode.