Mesa Start-Up Urbix Expands World-Wide Downstream Processing of High-Grade Graphene Products

BRIEF-Bass Metals Signs MoU With Urbix Resources LLC

Stock Markets7 hours ago (Sep 30, 2019 12:30)

Sept 30 (Reuters) - Bass Metals Ltd BSM.AX :* SIGNED A STRATEGIC MEMORANDUM OF UNDERSTANDING WIT URBIX RESOURCES LLC
* MOU TO WORK OVER NEXT 180 DAYS TO ESTABLISH JV FOR PROCESSING OF BASS HIGH GRADE GRAPHITE INTO VALUE ADDED DOWNSTREAM PRODUCTS
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Bass Metals plans Madagascar graphite downstream JV

30th September 2019 BY: Simone Liedtke
Writer

ASX-listed Bass Metals and downstream graphite processor Urbix Resources have signed a strategic memorandum of understanding (MoU) to identify the optimum joint venture (JV) structure and product mix with a view of establishing a production facility in Madagascar.

Bass’ large flake dominated deposit is suitable for a broad range of downstream applications, the mining company release said on Monday.

Bass and Urbix would delineate terms for establishing a JV facility in Madagascar capable of producing a purified high-value graphite product, which would use Urbix’s propriety technology and Bass’ graphmada large flake graphite.
Urbix’s proprietary advanced technology includes environment- and cost-conscious purification methods that were not reliant on environmentally unsustainable hydrofluoric acid treatments, Bass noted.

Urbix is currently engaged in building what will be one of the largest natural graphite purification facilities in North America.
 Upon completion, the 9 450 km² facility at Falcon Airfield in Mesa, Arizona will have the capability of purifying up to 24 000 t/y.
The parties would aim to establish the JV in the next 180 days. 
Source: https://m.miningweekly.com
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https://twitter.com/urbixresources
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Valley graphene startup to open larger Mesa production facility 

Startup also unloaded assets in Mexico for undisclosed price

By Hayley Ringle
 – Reporter, Phoenix Business Journal

Feb 7, 2019, 1:03pm MST
Updated Feb 7, 2019, 3:22pm EST

 The company's new space will allow it to process up to 36,000 metric tons of purified graphite a year, used in applications such as batteries for electric vehicles and 3D printers.