Perth-based BlackEarth Minerals NL (ASX:BEM), on 10 February 2020 reported a 9.302% spike in its share price to A$ 0.047, post announcing highly encouraging results from a graphite anode suitability test program, undertaken by Germany-based Dorfner ANZAPLAN.
The program involving graphite concentrate from the Company’s 100 per cent owned Maniry graphite project, southern Madagascar, demonstrated that BEM’s 99.97% purity spheroidized carbon is suitable for use in anode production for the lithium ion battery market.
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