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Ceylon Graphite Achieves Breakthrough Results Using Silicon Reinforced Anode Graphite in Full Cell Lithium Ion Batteries, Canadian Business Journal

  • Ceylon Graphite’s unique natural vein graphite material, fortified with nanosilicon additives, exceeds industry standard synthetic graphite by more than 10%. Note that the CYL has a discharge capacity of 171 mAh / g compared to the industry standard of 153 mAh / g.
  • We believe that the excellent performance of our venous graphite material is due to the following reasons.
    • High crystallinity of venous graphite;
    • High-purity and further refining technology. When,
    • CYL’s unique nanosilicon graphene encapsulation coating and spheroidizing technology.
  • Ceylon Graphite continues to evaluate full cell performance at University College London, UK.
  • Ceylon has a mine-to-battery strategy that maximizes its value by converting high quality Sri Lankan venous graphite to anodic graphite for the fast-growing lithium-ion battery market.

Vancouver, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) — Ceylon Graphite Corporation.. (“Ceylon”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) has announced significant advances in the performance of vein graphite anode materials. Full cell For the lithium-ion (“Li-ion”) battery market. Tested at University College London (UCL), the world’s leading independent facility, Ceylon’s venous graphite anode material far outperformed the equivalent anode Made of industry standard commercial synthetic graphite.. This is the first time in the history of battery research that a commercially available spheroidized venous graphite material has been tested on a full-cell lithium-ion battery.

As the company continues to develop graphite for the anode material for lithium-ion batteries, remarkable results have been achieved with the silicon-reinforced Ceylon natural vein graphite anode material. Early results show that silicon-reinforced Ceylon vein graphite with a specific discharge capacity (SDC) of 171 mAh / g has improved performance compared to the current high-end commercial synthetic graphite of 153 mAh / g. Shown (summarized in the graph below).

The tests continue to generate enhanced cycling performance data, and the cells show the expected trends in reversible charge / discharge trends. Meanwhile, Ceylon Graphite’s technical team continues to optimize its in-house developed core-shell silicon additive technology for stable charge / discharge performance.

“The first half-cell silicon reinforced battery test gave very good results, which exceeded my expectations for a full-cell silicon reinforced battery,” said Ceylon CEO Don Baxter. “These results are a very important development for Ceylon. Combining the unique properties of Sri Lankan vein graphite with unique processing techniques, lithium ions with significantly higher power and energy when evaluated by UCL. Batteries are manufactured. Based on the results, Ceylon graphite sets new industry standards. “

In addition, Ceylon’s industry-leading performance is an outstanding ESG outcome, given the lowest energy consumption of end-to-end processes for producing battery-grade anode materials from venous graphite compared to synthetic and flake graphite. Will be combined with, “added Baxter. Sri Lanka’s vein graphite has a high field grade of over 90% Cg, which does not require primary treatment and has significant environmental advantages over competitors. “

Qualified person

Donald KDBaxter, P. Eng, CEO of Ceylon Graphite Corp. Is a Qualified Person as defined in the National Instrument 43-101 (“NI 43-101”) Guidelines and has reviewed and endorsed the content of this news release.

About Ceylon Graphite Corp.

Ceylon Graphite is a publicly traded company listed on the TSX Venture Exchange, mining graphite and developing and commercializing innovative graphene and graphite applications and products. Graphite mined in Sri Lanka is known to be some of the highest grades in the world and can be easily upgraded to a variety of applications such as high growth electric vehicles and battery storage markets, construction and healthcare. It has been confirmed. And the paint and coating sector. The Government of Sri Lanka has granted its wholly owned subsidiary Sarcon Development (Pvt) Ltd. an IML Category A license for K1 mining and exploration rights in land packages over 120 km². These exploration grids (each with an area of ​​1 square kilometer) cover areas of historic graphite production from the early 20th century and represent most of the known graphite outbreaks in Sri Lanka.

More information about us is available at www.ceylongraphite.com.

CEO Don Baxter

info@ceylongraphite.com

Corporate communication

+1 (604) 765 8657

Neither the TSX Venture Exchange nor its regulatory service provider (the term is defined in the TSX Venture Exchange Policy) is responsible for the validity or accuracy of this release.

Forward-looking statement:

This news release contains information about future prospects as defined by applicable securities law that are relevant to future events or future performance and reflect management’s current expectations and assumptions. Forward-looking information includes a Ceylon Graphite grid, additional drilling and mining planning for Ceylon Graphite, and a plan to establish a mining business. These forward-looking statements reflect management’s current beliefs and are based on the assumptions made by Ceylon Graphite and the information currently available. This includes the assumption that there are no significant adverse changes in metal prices, all necessary consents, licenses, permits, and approvals. You can get it including licenses and markets of various local governments. Investors, these forward-looking statements are neither promises nor guarantees and may be subject to risks and uncertainties that may cause future results to differ materially from expectations. Please note. Risk factors that may cause actual results to differ materially from those expressed or implied by forward-looking information are, among other things, inaccurate results from drilling exercises that fail to reach a final acquisition agreement. Includes acquisition failure or delay. Required regulatory licenses, permits, approvals and consents, lack of access to financing as needed, general recession, volatile stock prices, labor disputes, political instability, mining regulatory regimes governing Ceylon Graphite Compliance with changes, environmental regulations, and a reduced market and industry reliance on high quality graphite. Ceylon Graphite warns readers that the above list of risk factors is not exhaustive.


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Ceylon Graphite Achieves Breakthrough Results Using Silicon Reinforced Anode Graphite in Full Cell Lithium Ion Batteries, Canadian Business Journal

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