Uley

Asset Summary

Asset Uley
Interest 1.5% Gross Revenue Royalty
Commodity Graphite
Location Australia
Stage Feasibility
Counterparty Quantum Graphite Limited

Asset Highlights

  • The Uley Royalty is a fully permitted development stage graphite royalty covering a high-grade coarse flake JORC-compliant resource of 5.0Mt @ 11.5% Total Graphitic Carbon (Measured & Indicated as at June 30, 2019)
  • The Uley feasibility study update released in December 2019 covered an 8 year potential operation with annual crusher feed of 500Ktpa targeting production of a graphite concentrate grading 94% TGC at 84% graphitic carbon recovery with ~73% of overall production in the Medium to Extra-Large Flake size fractions 
  • The Uley Graphite Project is the only permitted graphite development project in Australia (QGL presentation, December 18, 2019), subject only to securing offtake arrangements and project financing
  • Further information can be found at this website: https://irp.cdn-website.com/f6695bc1/files/uploaded/June+16-+2020.pdf.