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Mineral Commodities adds cash as it progresses battery anode business plans

LOW profile South African mineral sands producer and new graphite company Mineral Commodities has added US$3 million to its previous cash balance of $15.8 million as it progresses towards producing battery anode material “in the near term”.

 Mineral Commodites has 'sniffed the wind' and added battery anode assets to its established SA mineral sands operation

Mineral Commodites has 'sniffed the wind' and added battery anode assets to its established SA mineral sands operation

The company, which also had $9 million in trade and receivables at the end of the September quarter (and borrowings of $3.6 million), completed the acquisition of Norwegian graphite producer Skaland earlier...

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