Proactiveinvestors USA & Canada Leading Edge Materials Corp https://www.proactiveinvestors.com Proactiveinvestors USA & Canada Leading Edge Materials Corp RSS feed en Sun, 21 Jul 2019 05:49:34 -0400 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Leading Edge Materials plans spinout of Woxna Graphite AB ]]> https://www.proactiveinvestors.com/companies/news/221048/leading-edge-materials-plans-spinout-of-woxna-graphite-ab-221048.html Leading Edge Materials Corp (CVE:LEM) (OTCMKTS:LEMIF) announced to shareholders on Monday that it is spinning out its subsidiary company Woxna Graphite AB to advance the Woxna graphite project in Sweden.

The decision comes as part of a strategic review that the Vancouver-based resource firm commissioned in January 2019 to assess how to accelerate project execution and enhance the company's portfolio value.

LEM holds the flagship Woxna graphite mine in Sweden on a "production-ready" basis. It also owns 100% of the Norra Kärr REE (rare earth elements) project and has the Bergby lithium site.

READ: Leading Edge Materials achieves milestone at Woxna as demonstration plant is set to be installed

A freestanding Woxna Graphite AB will allow the new company to better execute its plan of producing high value graphite materials by allowing it to raise money independent of Leading Edge’s project portfolio, according to Leading Edge. The fully built mine will be in prime position to secure offtake agreements once the proposed battery anode demonstration plant is installed and in operation, it said.

In a note to investors, Leading Edge said that the spinout will be the least dilutive to existing shareholders while enabling the Woxna project to access necessary funding.

"Despite the widespread evidence of rapid growth in the lithium ion battery and electric vehicle markets, North American mining markets remain subdued with limited funding opportunities,” said Mark Saxon, Leading Edge’s interim CEO.

Saxon also said that the strategic review has identified potential funding pathways in Europe that are open for direct project investment.

Once the spinout is complete, the board assured shareholders that Leading Edge will continue to hold significant exposure to Woxna’s graphite production as a future graphite materials supplier and execute on other assets within the company’s portfolio in the Nordic region and Romania.

The search for an executive team to lead Woxna Graphite AB is underway, the company said, and based on market interest in the future, an initial public offering may be considered.

Europe takes the lead

The move comes amidst increased interest in the rare earths sector as rhetoric surrounding potential trade war between the US and China heats up.

Following a recent EU Battery Alliance meeting, The European Commission's vice president for the Energy Union, Maroš Šefčovič, said that the organization’s goal is to see Europe take the lead in the global battery metals industry.

“Batteries are a key strategic sector for the future of mobility and decarbonization of our economy," Šefčovič said in a statement. "We must also show that we mean business when filling the remaining gaps in the value chain, notably mining and refining. EU companies need to be better supported to invest in sustainable mining and refining of raw materials – both in EU and third countries.”

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Tue, 28 May 2019 08:36:00 -0400 https://www.proactiveinvestors.com/companies/news/221048/leading-edge-materials-plans-spinout-of-woxna-graphite-ab-221048.html
<![CDATA[Media files - Leading Edge Materials provide update as demand for electric vehicles in Europe rises ]]> https://www.proactiveinvestors.com/companies/stocktube/13402/leading-edge-materials-provide-update-as-demand-for-electric-vehicles-in-europe-rises-13402.html Fri, 17 May 2019 10:25:00 -0400 https://www.proactiveinvestors.com/companies/stocktube/13402/leading-edge-materials-provide-update-as-demand-for-electric-vehicles-in-europe-rises-13402.html <![CDATA[News - Leading Edge Materials achieves milestone at Woxna as demonstration plant is set to be installed ]]> https://www.proactiveinvestors.com/companies/news/220333/leading-edge-materials-achieves-milestone-at-woxna-as-demonstration-plant-is-set-to-be-installed-220333.html Leading Edge Materials Corp (CVE:LEM) (OTCQB:LEMIF) unveiled a milestone for its mothballed Woxna graphite mine site in Sweden, which is now poised to get a demonstration plant after the firm received an engineering study.

The new plant means processing can be optimized and larger volumes of natural graphite anode material can be supplied to prospective lithium-ion battery customers.

READ: Leading Edge Materials moves towards engineering study for Woxna plant after test work complete

"After the considerable time dedicated to graphite anode process development and optimization, we are very pleased to have achieved this milestone for the Woxna graphite mine," said Mark Saxon, interim president and CEO.

"As there is no natural graphite anode produced in Europe, we believe that installation of the demonstration plant will make a very significant contribution to the security of the emerging European lithium ion battery supply chain."

The engineering study was undertaken by a leading global engineering firm, using data from the extensive purification and spheronisation test work completed by LEM.

It provides design, installation and cost estimate criteria for a process that can deliver approximately 100kg per day of high purity natural graphite anode suitable for lithium ion batteries. Recent test work by LEM has produced ultra-high purity graphite up to 99.998% carbon and the process flexibility will allow purity to be tailored to customers performance and price requirements.

Leading Edge highlighted that 100% of natural graphite anode is manufactured in China using chemical leaching.

No chemicals

In contrast, the thermal purification process designed for the Woxna demonstration plant requires no chemicals, instead using elevated temperature to remove impurities. 

The furnace at Woxna will also be operated using cost competitive Swedish electrical power which is expected to result in a low carbon footprint.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter@Gile 74

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Wed, 15 May 2019 09:38:00 -0400 https://www.proactiveinvestors.com/companies/news/220333/leading-edge-materials-achieves-milestone-at-woxna-as-demonstration-plant-is-set-to-be-installed-220333.html
<![CDATA[News - EU Commission calls for strategic battery value chain to be built in Europe ]]> https://www.proactiveinvestors.com/companies/news/219409/eu-commission-calls-for-strategic-battery-value-chain-to-be-built-in-europe-219409.html The European Battery Alliance held its third meeting in less than 18 months on Tuesday in Brussels to discuss issues such as sustainable production and processing of raw materials, financing new investments and creating new policies to advance European projects.

European Union ministers are steadfast in their resolve to prioritize the establishment of a strategic battery value chain in Europe, according to a top EU diplomat.

But the countries involved need to speed up and coordinate support for transnational projects across the supply chain, according to Maroš Šefčovič, vice president for energy union at the European Commission.

READ: Sweden-focused Leading Edge Materials delivering in the high tech materials arena

Over €100 billion are invested in flagship projects across Europe to cover the entire supply chain from raw materials to end products like electric vehicles, according to data from project accelerator EIT InnoEnergy.

This includes major projects like Sweden’s Northvolt Gigafactory, led by former Tesla manager Peter Carlsson. Its plant in northern Sweden is anticipated to generate an annual cell production of around 8 gigawatt hours with the capacity to increase that figure to 32 GWh by 2023, putting the facility on par with Tesla’s Nevada Gigafactory.

Northvolt’s Swedish operations will undoubtedly increase the need for raw material feedstock to meet the anticipated demand.

Europe's next mega-industry

European Battery Alliance member Leading Edge Materials (CVE:LEM) (OTCMKTS:LEMIF) is advancing a battery metals project in Sweden. The junior mining company is one of a selection of member companies on the raw materials side.

According to Leading Edge CEO Mark Saxon, Europe is trying to accelerate its involvement in the battery value chain, but are "well aware" that they have not made the needed investments to date. 

"Today's statement (by Šefčovič) reinforces the European Commission's view that battery manufacturing is Europe's next mega-industry," said Saxon. "It deals with support for the whole supply chain, including mining, in Europe. 

"A secure supply chain cannot be built without a secure mining industry to underpin it."

Institutional and political support

According to Šefčovič, more member states are now showing their interest to join the Important Projects of Common European Interest initiative. “I have assured them today that we will look at subsequent projects with the same level of determination and commitment,” he commented.

“Moreover, our strategic partnership with the European Investment Bank is reaching an unprecedented level,” he said in a statement.

“In May, a decision will be taken by its board on substantial financing for a Giga-factory in Sweden – it means moving from a pilot line to industrial deployment. This should serve as reference for other investors and future projects.”

However, more projects are needed to support development throughout the supply chain, and the only way to encourage further investment is with political support.

“We all agree that we need a robust framework in place to support our European champions,” said Šefčovič. “This means our sustainability requirements and standards should be ready when EU mass production starts in 2022-23.”

Šefčovič stressed that the sustainability requirements should cover the entire value chain, including sustainable and ethical mining, and production based on low carbon footprint.

“This is the only way to underpin our competitiveness and promote our standards globally.”

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

 

 

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Tue, 30 Apr 2019 16:34:00 -0400 https://www.proactiveinvestors.com/companies/news/219409/eu-commission-calls-for-strategic-battery-value-chain-to-be-built-in-europe-219409.html
<![CDATA[News - Leading Edge says local Swedish administration board submits lease application opinion to inspection agency ]]> https://www.proactiveinvestors.com/companies/news/216197/leading-edge-says-local-swedish-administration-board-submits-lease-application-opinion--to-inspection-agency-216197.html Leading Edge Materials Corp (CVE:LEM) (OTCMKTS:GULSF) provided an update on its mining lease application in Sweden, saying a local administration board has submitted its opinion to the country’s mining inspection agency.

The board, known as the Länsstyrelsen, does not presently support the regranting of the Norra Kärr mining lease, Leading Edge said late Friday in a statement. The company added that it will review the documentation and provide additional information as it becomes available. 

READ: Leading Edge Materials shares up as firm updates on strategic review which includes opportunities for its Woxna graphite mine in Sweden

Shares of Leading Edge traded at C$0.18 in Friday’s Canadian trading. They slipped US$0.02 to US$0.14 on the OTC Markets.

Last week, the company announced that it was looking at opportunities for its flagship Woxna graphite mine in Sweden.

Alternatives include a third-party investment in the mine, a joint venture and a standalone public listing of Woxna on a Swedish exchange.

Contact Dennis Fitzgerald at dennis@proactiveinvestors

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Mon, 11 Mar 2019 09:09:00 -0400 https://www.proactiveinvestors.com/companies/news/216197/leading-edge-says-local-swedish-administration-board-submits-lease-application-opinion--to-inspection-agency-216197.html
<![CDATA[News - Leading Edge Materials shares up as firm updates on strategic review which includes opportunities for its Woxna graphite mine in Sweden ]]> https://www.proactiveinvestors.com/companies/news/215845/leading-edge-materials-shares-up-as-firm-updates-on-strategic-review-which-includes-opportunities-for-its-woxna-graphite-mine-in-sweden-215845.html Shares in Leading Edge Materials Corp (CVE:LEM) (OTCQB:LEMIF) advanced as the group unveiled the next stage of its strategic review, namely a look at opportunities for its flagship Woxna graphite mine in Sweden.

Potential recommendations may include a transition to a freestanding European company, and will also consider direct third-party investment into Woxna, said LEM.

READ: Leading Edge Materials made good progress in graphite and in Romania last year; names interim CEO

It will also mull a horizontal or vertical joint-venture with aligned parties, or a standalone public listing of Woxna on a Swedish exchange.

Woxna is targeting the supply of specialty materials for lithium-ion battery production.

The firm listed the merits of the Woxna project, which included:

A fully constructed mine, with all operating equipment, infrastructure and waste management in place to produce 10,000 tonnes of flake graphite per year with operating permits until 2041; Substantial sunk capital such that further capital investments to achieve commercial volume of high purity anode production are forecast to be relatively modest; Potential to be a first mover in the supply of European sustainably-sourced ultra-high purity natural graphite anode for lithium-ion batteries; and The opportunity for Woxna graphite to be used as a feed material for graphene production, and as a supplier to other high-value applications.

"The Woxna graphite mine is a unique project in the sector, with the capacity to be both a near-term and long-term supplier of European natural graphite anode, and other high value graphite products including graphene, to European customers," said Mark Saxon, interim CEO.

"Woxna has consistently attracted significant interest, with a high European industrial awareness of potential products and regular inquiries around current status.  The strategy review is seeking mechanisms to accelerate the transition of the mine from the production of flotation concentrate only, to the production of high-purity anode, which should be beneficial to both Leading Edge Material shareholders and emerging European lithium ion battery customers."

Shares in Toronto added around 8% to $0.20.

Contact Giles at giles@proactiveinvestors.com

Follow him on Twitter @Gile74

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Tue, 05 Mar 2019 11:27:00 -0500 https://www.proactiveinvestors.com/companies/news/215845/leading-edge-materials-shares-up-as-firm-updates-on-strategic-review-which-includes-opportunities-for-its-woxna-graphite-mine-in-sweden-215845.html
<![CDATA[Media files - Leading Edge Materials prepares to start prep work on Battery Demo Plant ]]> https://www.proactiveinvestors.com/companies/stocktube/11896/leading-edge-materials-prepares-to-start-prep-work-on-battery-demo-plant-11896.html Fri, 18 Jan 2019 18:14:00 -0500 https://www.proactiveinvestors.com/companies/stocktube/11896/leading-edge-materials-prepares-to-start-prep-work-on-battery-demo-plant-11896.html <![CDATA[News - Leading Edge Materials shares leap up as it updates on Romania activity ]]> https://www.proactiveinvestors.com/companies/news/208647/leading-edge-materials-shares-leap-up-as-it-updates-on-romania-activity-208647.html Leading Edge Materials Corp (CVE:LEM, OTCQB:LEMIF) saw shares surge 11% as it updated on its Romanian ambitions where it is embarked on a path towards applying for an exploration licence.

As reported this summer, the firm took a 51% stake on a proposed battery metals joint venture (JV). In return, Leading Edge has handed over more than 367,006 of its shares to its joint venture partner. The alliance is focused on the discovery and development of lithium-ion battery raw materials, and so far, efforts have been directed towards cobalt mineralization in the Balkan region.

READ: Leading Edge Materials hails Woxna spheronization test results

Leading Edge has the right to increase its stake in the JV to 90% through the issue of a further 2.2mln of its shares to the co-owner.

Leading Edge Materials will incur all exploration expenditures and has agreed to “free carry” the co-owner – namely,  pay all the costs - to production although no firm exploration expenditure commitments are required under the deal.

LEM Romania is now the owner of the 25.5 sq km (2,550 ha) Bihor Sud Prospecting Permit in central western Romania.

The permit lies less than 400km north of Nevsun Resources Ltd.'s Timok copper-gold project in Serbia.

"Staff and consultants to LEM Romania have been active on Bihor Sud Prospecting Permit over the summer period, compiling historic data, sampling historic mine waste dumps, completing preliminary ground geophysics and soil sampling," the firm said in the statement.

"Review of progress and results to date are considered highly encouraging, and it is anticipated that LEM Romania shall proceed to exploration license application across prospective areas."

Blair Way, the president and chief executive at LEM, said: "Our Exploration Alliance in Romania is making good progress, with an experienced team in place and work underway on a number of high potential cobalt prospects.

"We look forward to sharing project details as we progress to an Exploration License application".

LEM shares added 11.29% to stand at $0.345 in Toronto.

Reporting by Giles Gwinnett

giles@proactiveinvestors.com

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Tue, 06 Nov 2018 10:32:00 -0500 https://www.proactiveinvestors.com/companies/news/208647/leading-edge-materials-shares-leap-up-as-it-updates-on-romania-activity-208647.html
<![CDATA[Media files - Leading Edge Materials Corp looking for a busy fall after a very productive summer ]]> https://www.proactiveinvestors.com/companies/stocktube/10429/leading-edge-materials-corp-looking-for-a-busy-fall-after-a-very-productive-summer-10429.html Mon, 10 Sep 2018 16:52:00 -0400 https://www.proactiveinvestors.com/companies/stocktube/10429/leading-edge-materials-corp-looking-for-a-busy-fall-after-a-very-productive-summer-10429.html <![CDATA[News - Leading Edge Materials shares advance as it continues Woxna testing ]]> https://www.proactiveinvestors.com/companies/news/204463/leading-edge-materials-shares-advance-as-it-continues-woxna-testing-204463.html Leading Edge Materials Corp's (CVE:LEM, OTCQB:LEMIF) updated on more test results based on the feed from its Woxna graphite mine in Sweden.

Woxna is a fully constructed mine, with all processing, waste management and infrastructure in place. During 2017, its operating licence was extended until 2041.

LEM is now completing additional testwork for the thermal purification of graphite at the in-house laboratory of a large European company, it said.

The current program has been highly instructive in defining the process conditions that achieve purities from 98% to 99.99%, the firm said.

Encouraging results

Encouragingly, Leading Edge said that based on testwork to date, purity up to the highest-value nuclear materials (99.999%) can be achieved using Woxna graphite and a thermal purification system.

Leading Edge Materials has tested both chemical and thermal graphite purification technologies and both have achieved battery-grade material purity.

As reported earlier this month, test work involving spheronisation is ongoing. Spheronisation is a milling and shaping process to reduce the size of graphite flakes while shaping the flakes in an elongate spheroid, which has shown positive results.

Work continues

Samples used for the current test programme were surplus spheronised feedstock with a carbon grade of approximately 94%. The test programme continues, and further results are expected next month.

"Our purification and spheronisation test program is delivering the data required for a trade-off study and the subsequent design of the Woxna battery graphite demonstration plant," said Blair Way, president and chief executive.

"The company looks forward to supplying large quantities of graphite from our demonstration plant to prospective European battery customers to robustly compare with the Asian-sourced natural and synthetic graphite anode used by industry today."

LEM shares in Toronto added 4.82% to C$0.435.

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Fri, 07 Sep 2018 12:37:00 -0400 https://www.proactiveinvestors.com/companies/news/204463/leading-edge-materials-shares-advance-as-it-continues-woxna-testing-204463.html
<![CDATA[News - Leading Edge Materials shares nudge higher as it names co-owner of Romanian venture ]]> https://www.proactiveinvestors.com/companies/news/202785/leading-edge-materials-shares-nudge-higher-as-it-names-co-owner-of-romanian-venture-202785.html Leading Edge Materials Corp (CVE:LEM) updated further on its battery metals joint venture (JV) in Romania.

On Friday, the materials and energy metals firm said it had closed the exploration alliance, handing over 367,006 Leading Edge Materials shares to its joint venture partner in return for a 51% stake.

That partner is Remat Group Ltd, said LEM today,  a company incorporated under the laws of Romania.

Remat is focused on metals and mining in Romania, the principals of which have been known by the company for over two years, it added.

Leading Edge has the right to increase its stake in the JV to 90% through the issue of a further 2.2mln of its shares to the co-owner of the JV.

Leading Edge Materials will incur all exploration expenditures and has agreed to “free carry” the co-owner – namely, pay all the costs - to production although no firm exploration expenditure commitments are required under the joint venture agreement.

LEM shares in Toronto nudged up 2.35% to stand at C$0.44.

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Mon, 13 Aug 2018 13:14:00 -0400 https://www.proactiveinvestors.com/companies/news/202785/leading-edge-materials-shares-nudge-higher-as-it-names-co-owner-of-romanian-venture-202785.html
<![CDATA[News - Leading Edge Materials eyeing battery graphite demonstration plant at Woxna ]]> https://www.proactiveinvestors.com/companies/news/201343/leading-edge-materials-eyeing-battery-graphite-demonstration-plant-at-woxna-201343.html Leading Edge Materials Corp (CVE:LEM, OTCQB:LEMIF) outlined current work planned at its Woxna graphite project in Sweden ahead of building a key battery graphite demonstration plant there.

The mine is currently on a 'production ready' status and has an operating licence out until 2041.

WATCH: Leading Edge Materials updates progress at Woxna graphite mine in Sweden

LEM noted that discussions with prospective European customers for its graphite have confirmed that large sample volumes and commercial scale processes are required beforehand.

The firm hired engineer Hatch to carry out an internal conceptual study to assess the suitability of the Woxna site.

Among the recommendations were further lab scale testing to define how furnace operating parameters influence product quality.

This will allow for a trade-off study that will inform the design of the demonstration plant, the firm said.

Both purification and spheronisation test work is now underway and results will allow tight specifications to be shared with equipment manufacturers when quoting for the proposed demonstration plant.

"The recommendations of the internal study take advantage of a fully built graphite mine," said Blair Way, president and chief executive at Leading Edge.

"Subject to technical results and financing, this work will place Woxna on a clear path to providing the battery industry with the volume of anode material needed for testing, qualification and establishment off-take agreements.

"While laboratory scale test work is critical to establish process boundaries, it is only through a Demonstration Plant that both process and product can be meaningfully assessed.

"We are now progressing the laboratory scale test work so that Woxna is positioned to supply substantial quantities of lithium-ion battery anode material to potential customers in 2019."

Work planned and underway for the Woxna graphite project includes: Additional spheronising test program. Results are expected during Q3 2018; Thermal purification test program. Results anticipated Q3 2018; Complete an internal trade-off study to direct the design of a Battery Graphite Demonstration Plant. Study recommendations are expected late Q3 2018; Commence detailed design and equipment procurement for demonstration plant. Expected Q4 2018; Review and confirm environmental compliance of proposed demonstration plant installation at the Woxna site. Targeted Q4 2018.

Shares nudged up 1.92% to C$0.53 in Toronto.

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Mon, 23 Jul 2018 09:09:00 -0400 https://www.proactiveinvestors.com/companies/news/201343/leading-edge-materials-eyeing-battery-graphite-demonstration-plant-at-woxna-201343.html
<![CDATA[Media files - Leading Edge Materials updates progress at Woxna graphite mine in Sweden ]]> https://www.proactiveinvestors.com/companies/stocktube/9804/leading-edge-materials-updates-progress-at-woxna-graphite-mine-in-sweden-9804.html Mon, 09 Jul 2018 14:12:00 -0400 https://www.proactiveinvestors.com/companies/stocktube/9804/leading-edge-materials-updates-progress-at-woxna-graphite-mine-in-sweden-9804.html <![CDATA[News - Leading Edge Materials shares up as it updates on Woxna graphite mine ]]> https://www.proactiveinvestors.com/companies/news/200235/leading-edge-materials-shares-up-as-it-updates-on-woxna-graphite-mine-200235.html Leading Edge Materials Corp (CVE:LEM, OTCQB:LEMIF) updated on plans for its Woxna graphite mine in Sweden, which is currently on production ready status.

Last year, it was granted a 25-year extension to its operating licence and is positioned to become a leading supplier of graphite for the high growth lithium ion battery market.

The company aims to control  the production chain for graphite anode material from mining through to blending of customer ready product, and also to produce saleable by-products from the mine.

Current activity to realise these aims includes:

Complete an internal trade off study for installation of a battery graphite demonstration plant at the Woxna site designed to produce substantial volumes of commercial anode materials.  Study recommendations are expected mid Q3 2018. Undertake additional graphite shaping/spheronising trials for final selection of appropriate equipment to achieve consistent product specifications at Demonstration Plant scale.  Results are expected during Q3 2018. Conduct further thermal purification test work to allow equipment selection and ensure consistent results in line with customer specifications.  Results are anticipated Q3 2018. Complete detailed design for the Battery Graphite Demonstration Plant to enable commercial scale production of samples for customer qualification.  Results expected Q4 2018. Subject to finance and satisfactory technical results, install purification and shaping Demonstration Plant on Woxna mine site and produce substantial quantities of graphite materials for potential customers.  Initial results expected Q2 2019 as part of an on-going qualification and product optimisation campaign. Use demonstration plant by-product material to investigate alternate markets benefiting from the thermal and conductive characteristics of natural graphite.

Blair Way, LEM's president and chief executive, noted the form had received a number of queries about the recent price volatility. 

"The company is not aware of any fundamental changes to the company or the outlook for its assets over the past week," he said.

Also in today's filing, Way added: "Within a European context, the value of a fully built and permitted mine site cannot be under estimated.

"The fortunate legacy created by previous investment places Woxna as a graphite industry leader, able to now invest specifically in gaining the maximum value from our materials. 

"Our focus on larger "Demonstration Plant" scale testing is motivated by extensive customer discussion, and will allow us to engage with potential customers with the volume of material that is required to achieve battery industry qualification."

LEM shares added over 6% to stand at C$0.48..

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Thu, 05 Jul 2018 11:34:00 -0400 https://www.proactiveinvestors.com/companies/news/200235/leading-edge-materials-shares-up-as-it-updates-on-woxna-graphite-mine-200235.html
<![CDATA[News - Leading Edge Materials updates on Swedish lithium-ion batteries research project ]]> https://www.proactiveinvestors.com/companies/news/199822/leading-edge-materials-updates-on-swedish-lithium-ion-batteries-research-project-199822.html Leading Edge Materials Corp (CVE:LEM) updated on the Swedish government-funded research project called: "Natural Swedish graphite for future lithium-ion batteries" led by Uppsala university's Professor Kristina Edstrom, an energy storage and battery expert.

The aim is to assess the use of high purity natural graphite as anode material for such batteries, using graphite  from the group's Woxna project in Sweden.

READ: Leading Edge Materials further bolsters Swedish rare earth project with nepheline potential

LEM is a founding participant in the project, along with the Angstrom Advanced Battery Centre (AABC), Uppsala University.

Work completed in the project so far includes electrochemical testing of unpurified Woxna flotation concentrate to establish baseline performance.

"These baseline data provide critical information for the next round of purification testwork, which will include electrochemical testing of graphite thermally treated at up to 2,300 C. Results are anticipated late third quarter 2018 and will be reported as they become available," said LEM.

As lithium-ion batteries contain up to 20% graphite, optimisation of graphite anode materials has been a long-term research focus

"Sweden presents many natural advantages for taking a leading role in lithium-ion battery manufacture," said LEM president and chief executive Blair Way.

"While it is easy to point to access to raw materials and low-cost green energy, it is also the knowledge developed by Prof. Edstrom and the Angstrom Advanced Battery Centre that has allowed Swedish industry to react quickly to the emerging energy storage opportunity with an estimated value of 250 billion euros by 2025 in Europe alone.

READ: Leading Edge Materials to present at high-profile European energy event today

"The combination of our fully built Woxna graphite mine, with the cutting-edge research of Kristina and her team, place Leading Edge Materials in a very strong position as a preferred anode supplier as European battery manufacture rolls out over coming years."

Of particular note is the investment into AABC of Northvolt AB, with the financial backing of the European Investment Bank, which in early June received a permit for construction and operation of a lithium-ion battery manufacturing plant in Skelleftea.

The proposed plant will produce eight-gigawatt-hour cell capacity annually from 2020 expanding to 32 gigawatt hours in 2023.

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Thu, 28 Jun 2018 12:43:00 -0400 https://www.proactiveinvestors.com/companies/news/199822/leading-edge-materials-updates-on-swedish-lithium-ion-batteries-research-project-199822.html
<![CDATA[News - Leading Edge Materials further bolsters Swedish rare earth project with nepheline potential ]]> https://www.proactiveinvestors.com/companies/news/199342/leading-edge-materials-further-bolsters-swedish-rare-earth-project-with-nepheline-potential-199342.html Leading Edge Materials Corp (CVE:LEM, OTCQB:LEMIF) has further bolstered the credentials of its  Norra Karr heavy REE (rare earth element) deposit in Sweden, revealing that  high purity nepheline could be mined as a by-product.

The non-magnetic minerals at Norra Kärr include nepheline and feldspar, which, LEM says, are highly sought industrial minerals for ceramics, glass manufacture, plastics, cosmetics, paint and building products.

When nepheline is added to ceramic and glass products, it lowers the melting point of silica, thus reducing energy required for production and increasing hardness and durability.

"Our research focus is to optimize all parts of the Norra Kärr project, both financially and environmentally," said Blair Way, president and chief executive.

"Nepheline and feldspar together comprise around 60% of the rock at Norra Kärr, and finding a market for these industrial minerals is a very important step in our target to achieve a zero waste mine design. 

"This latest round of research has produced samples that appear equivalent to product sold in Europe today, and we are very encouraged by this latest increase in resource efficiency of Norra Kärr."

Leading Edge noted that nine tests were completed on samples where the nepheline/feldspar sample was passed through a second phase of magnetic separation under varying conditions to remove any remaining iron impurity. 

The "clean-up" stage was highly effective in removing iron, which was lowered to a level consistent with peer materials that are sold within Europe today.

Europe is the largest global market for nepheline and feldspar, with supply from mines including Stjernøy in northern Norway, western Turkey and northwestern Russia.

Shares in LEM eased 1.67% to stand at C$0.59.

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Thu, 21 Jun 2018 10:28:00 -0400 https://www.proactiveinvestors.com/companies/news/199342/leading-edge-materials-further-bolsters-swedish-rare-earth-project-with-nepheline-potential-199342.html
<![CDATA[News - Leading Edge Materials to present at high-profile European energy event today ]]> https://www.proactiveinvestors.com/companies/news/197491/leading-edge-materials-to-present-at-high-profile-european-energy-event-today-197491.html Leading Edge Materials (CVE:LEM; NASDAQ:LEMSE) will be presenting at an EU Battery Alliance event today in Malmö, Sweden, as part of Nordic Clean Energy Week.

Held in Sweden and Denmark, Nordic Clean Energy Week focuses on the environmental and financial opportunities that could come from low carbon energy generation and energy storage.

READ: Leading Edge Materials' Woxna Swedish mine thrust into limelight amid dash for electric cars

The EU Battery Alliance is working to catalyze the European lithium-ion battery industry. At the event, Mark Saxon, a director at Leading Edge, will present on how Europe can play a role in the supply of raw materials for lithium-ion batteries.

"The support that the EU Battery Alliance is receiving from the European Commission highlights the unprecedented interest in the European lithium-ion battery industry and its potential for exceptional growth,” said Blair Way, President and CEO.

“This industry can only be built upon a secure, ethical and low-carbon supply chain, which can quickly be achieved within the Nordic region."

Woxna graphite mine strongly positioned

Leading Edge Materials’ Woxna graphite mine in central Sweden is in a position to supply sustainable high-value graphite products to European battery manufacturers.

Lithium-ion batteries require more than 8X as much graphite as lithium, and presently much of the supply is sourced from China. Local sourcing will help the European industry reduce its carbon footprint and continue to develop product development.

Leading Edge Materials was up 4.29% to close at C$0.76.

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Tue, 22 May 2018 18:42:00 -0400 https://www.proactiveinvestors.com/companies/news/197491/leading-edge-materials-to-present-at-high-profile-european-energy-event-today-197491.html
<![CDATA[News - Leading Edge Materials signs exploration alliance on cobalt prospect in Romania ]]> https://www.proactiveinvestors.com/companies/news/195990/leading-edge-materials-signs-exploration-alliance-on-cobalt-prospect-in-romania-195990.html Leading Edge Materials Corp (CVE:LEM) has initiated an exploration alliance focused on lithium-ion battery materials in Romania.

The exploration alliance has highlighted cobalt and lithium opportunities, for which secure tenure is now being sought, the company said.

READ: Sweden-focused Leading Edge Materials delivering in the high tech materials arena

Leading Edge will hold an initial 51% interest in the partnership company and will have the right to acquire up to a 91% interest by making certain payments in the shares of Leading Edge Materials (LEM).

There will be an initial payment of 367,000 LEM shares to the vendor, followed by payment of 550,509 LEM shares should an exploration license be granted within the exploration area, then a further payment of 917,515 LEM shares – bringing the company's stake up to 91% - on completion of a positive pre-feasibility study.

Leading Edge will incur all exploration costs with the local partner getting a “free carry” to the point of production.

A bonus payment of up to 1.84mln LEM shares will be paid should a historic resource of greater than 40,000 tonnes of contained cobalt at a cobalt equivalent grade greater than 0.75% be identified within the exploration area.

A bonus payment of 2.2mln LEM shares is payable should an NI43-101 resource be calculated of greater than 40,000 tonnes of contained cobalt at a cobalt equivalent grade greater than 0.75% within the exploration area.

"Leading Edge Materials has been actively seeking additional opportunities in the battery materials sector and we are pleased to accelerate this process through the incorporation of a subsidiary with a skilled local partner,” said Blair Way, the president and chief executive officer of Leading Edge Materials.  

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Fri, 27 Apr 2018 11:54:00 -0400 https://www.proactiveinvestors.com/companies/news/195990/leading-edge-materials-signs-exploration-alliance-on-cobalt-prospect-in-romania-195990.html
<![CDATA[News - Leading Edge Materials' Woxna Swedish mine thrust into limelight amid dash for electric cars ]]> https://www.proactiveinvestors.com/companies/news/194371/leading-edge-materials-woxna-swedish-mine-thrust-into-limelight-amid-dash-for-electric-cars-194371.html Junior materials and mining group Leading Edge Materials Corp (CVE:LEM, NASDAQ:LEMSE) and its Woxna graphite mine in Sweden has been thrown into the limelight as the push for electric cars deepens.

Bloomberg has carried a feature on the Toronto listed company, which has a focus in Europe and European markets.

The Woxna mine and  plant, 160 miles from Stockholm, was on care and maintenance when Leading Edge bought it way back in 2011.

Operations restarted in 2015 using freshly mined material but falling prices for flake graphite and a downturn in the sector meant it was mothballed but now, LEM plans to press go again.

Th company says it's the only western producer of natural flake graphite with a fully constructed, permitted and producing plant (100,000-tonne-per-annum feed producing 10,000 tons of over 90% graphite concentrate).

What's all this got to do with electric cars?

Ironically, electric car batteries contain more graphite than they do other components like lithium and cobalt, though it is the latter materials that have been grabbing the headlines, and the surge in prices.

Bloomberg writes that according to the Leading Edge's chief executive  Blair Way, a US$20,000 battery pack for a Tesla (NASDAQ:TSLA) vehicle contains about US$1,200 worth of graphite, mainly of the synthetic variety.

A wider trend..

The article also says the firm's push in Sweden is part of a wider trend in recent years of mining companies snapping up European permits as carmakers rush to develop electric models.

Finland, Portugal and the UK have also been in focus, says the article.

"The company wants to be a “one-stop shop” for battery manufacturers, according to Way, says Bloomberg.

"It’s testing a purified form of graphite from Woxna with the goal of making enough by 2020 to sell to battery-makers such as NorthVolt AB, which was founded by a former Tesla Inc executive and plans to start large-scale output in Sweden.

"The miner has also held talks with car-makers including BMW AG," states the Bloomberg report.

Keeping costs down..

By replacing some of the man-made graphite with a purified natural form the cost could drop by  up to 40%, according to chief executive Way,

And by using renewable energy to cut emissions during the purifying process, Leading Edge wants to bill its graphite as sustainable.

In October last year, the firm said it  was to take part in a Swedish government-funded research project called: "Natural Swedish graphite for future lithium-ion batteries".

The aim is to assess the use of this high purity natural graphite as anode material for lithium ion batteries.

LEM shares added 1.43%  in Toronto to C$0.71.

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Thu, 05 Apr 2018 13:52:00 -0400 https://www.proactiveinvestors.com/companies/news/194371/leading-edge-materials-woxna-swedish-mine-thrust-into-limelight-amid-dash-for-electric-cars-194371.html
<![CDATA[News - Sweden-focused Leading Edge Materials delivering in the high tech materials arena ]]> https://www.proactiveinvestors.com/companies/news/193908/sweden-focused-leading-edge-materials-delivering-in-the-high-tech-materials-arena-193908.html Europe-focused Leading Edge Materials Corp (CVE:LEM) certainly seems to be delivering on its aim to supply materials vital for a low carbon energy world.

If a firm could be said to be 'on trend', then this is certainly one. Investor interest is also there too.

Now listed on Nasdaq First North Stockholm

In January this year, shares in the materials group began trading on Nasdaq First North Stockholm and the firm said it was looking forward to "working with the Swedish investment community" to grow its business.

It made the move after it was "encouraged" by a steady increase in interest from European investors over the past year.

Elon Musk's baby Tesla (NASDAQ:TSLA) is never far from the news and talk of electric vehicles supplanting gasoline-powered peers has grown louder than ever, as countries increasingly look beyond petrol and diesel.

Lithium is of course a major component in batteries for electric vehicles, hence the interest in the commodity and Leading Edge kicked off a second drill program at its Bergby lithium project in Sweden last summer after the “excellent” results it saw in the first round.

“Bergby has rapidly shaped up as a highly ranked lithium project in the Nordic region,” said chief executive Blair Way.

Bergby lies in central Sweden, 25km north of the town of Gavle, and has major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Swedish gov't in support ...

The firm has also welcomed the Swedish government's indication of a willingness to support the development of the critical metals industry.

More recently, LEM has reported positive results from the testing of material from its Norra Karr heavy REE (rare earth element) deposit also in Sweden, including a development process it describes as a potential "game -changer".

That research was completed under the European Commission-financed EURARE project and made significant technical milestones, including showing high REE recovery with a substantial reduction in water used and recovered additional high-value metals hafnium and zirconium.

This month (March) it revealed it has partnered with a research team lead by Professor Julien Leclaire at the Institut de Chimie et Biochimie Moléculaires et Supramoléculaires (ICBMS) in France looking at the possibility of extracting hafnium and zirconium.

An initial six month of research alliance will be partially funded by Leading Edge Materials, which allows it to apply exclusively for the intellectual property (IP) developed within two years of project completion.

Norra Karr has a proven mineral reserve of 23.6mln tonnes at 0.59% total rare earth oxide (TREO).

A prefeasibility study in 2015 estimated an after-tax net present value (NPV) of US$313.

WATCH - Leading Edge Materials' Blair Way on potential 'game-changing' development process

Ironically perhaps, electric car batteries contain more graphite than they do lithium, and, as well as cars, are used in all sorts from smart phones to solar panels.

Leading Edge, in a second set of encouraging battery test results last year, revealed that material from its Woxna mine in Sweden has been used to make 18650 lithium-ion battery cells and performed well.

Such batteries are equivalent to those used in Tesla vehicles and the firm said results were 'strong and consistent', showing they could be used to create a long battery life - vital in such vehicles.

At the Woxna mine, the firm usefully has 100 tons of material stored and available for further testing. Testing is a vital part of development such resource technology and is likely to go on for at least six to 12 months more, according to LEM.

Growing demand ...

The firm has said it is encouraged by the growing demand for lithium-ion batteries, and is ready to supply potential new gigafactories in Europe (like Tesla's in Nevada), and it is in the right place to do so - in Scandinavia.

Leading Edge says it's the only western producer of natural flake graphite with a fully constructed, permitted and producing plant (100,000-tonne-per-annum feed producing 10,000 tons of over 90% graphite concentrate).

The Woxna plant was on care and maintenance when the firm bought it in 2011 and operations restarted in 2015 using freshly mined material but falling prices for flake graphite and a downturn in the sector meant operations stopped.

The plant is now on what's called a production-ready basis while higher value graphite products are developed and will not restart until market conditions improves.

Don't forget Rotmyran ...

Earlier in 2017, LEM said it was expanding its footprint in Sweden further, staking a new lithium project called the Rotmyran project.

The project lies 20 kilometres north of Bergby and was selected as a high priority target based on the geological similarity to Bergby plus presence of a strong tin (Sn) - lithium (Li) till anomaly in Swedish Geological Survey data.

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Tue, 27 Mar 2018 12:59:00 -0400 https://www.proactiveinvestors.com/companies/news/193908/sweden-focused-leading-edge-materials-delivering-in-the-high-tech-materials-arena-193908.html
<![CDATA[News - Leading Edge Materials widens research scope for Norra Karr rare earths project with latest collaboration ]]> https://www.proactiveinvestors.com/companies/news/193801/leading-edge-materials-widens-research-scope-for-norra-karr-rare-earths-project-with-latest-collaboration-193801.html Leading Edge Materials Corp (CVE:LEM) has started research on the possibility of extracting hafnium and zirconium from the Norra Karr heavy REE (rare earth element) deposit in Sweden.

Hafnium has excellent mechanical properties and is rust-resistant, as is zirconium, which is used in in steel alloys, colored glazes and bricks, among others usages.

Hafnium is presently valued at around US$1,500 per kg with a total market approaching 100 tonnes per year, noted the firm.

READ - Sweden-focused Leading Edge Materials delivering in the high tech materials arena

On Monday, LEM revealed it had partnered with a research team lead by Professor Julien Leclaire at the Institut de Chimie et Biochimie Moléculaires et Supramoléculaires (ICBMS) in France.

The work involves looking at extracting the two metals from a process material, which was previously considered to be waste

An initial six month of research alliance will be partially funded by Leading Edge Materials, which allows it to apply exclusively for  the intellectual property (IP) developed within two years of project completion.

If research is not ongoing within the two-year period, rights to use the IP shall return to ICBMS.

READ - Leading Edge Materials welcomes strategic plan from EU battery alliance

"While additional revenue from the separation of high purity hafnium and zirconium is attractive, we are also motivated to achieve a high degree of resource efficiency at Norra Kärr, through the application of this technology to convert former waste streams to salable products," said Blair Way, President and CEO, stated,

"We look forward to working with Prof. Leclaire on this and other projects where his technology and patents can be applied to the extraction of high value critical raw materials."

The Norra Kärr deposit, along with REE and zirconium, is enriched in hafnium with a reserve grade of 338 ppm (parts per million) hafnium oxide (HfO2), under a previous PFS (pre-feasibility study).

The firm has previously stated that Norra Karr could potentially supply numerous innovation-critical metals and minerals, for which the European Union is currently import dependent.

Shares shed over 5% in Toronto to C$0.71 each.

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Mon, 26 Mar 2018 09:45:00 -0400 https://www.proactiveinvestors.com/companies/news/193801/leading-edge-materials-widens-research-scope-for-norra-karr-rare-earths-project-with-latest-collaboration-193801.html
<![CDATA[News - Leading Edge Materials welcomes strategic plan from EU battery alliance ]]> https://www.proactiveinvestors.com/companies/news/192201/leading-edge-materials-welcomes-strategic-plan-from-eu-battery-alliance-192201.html Materials and metals firm Leading Edge Materials Corp (CVE:LEM, OTCQB:LEMIF, NADA First North:LEMSE) has welcomed comments about the EU battery alliance.from Maroš Šefčovic, vice-president of the European Commission in charge of Energy Union 

The alliance consists of more than 50 of Europe's strongest corporate voices within the emerging lithium ion battery sector, plus numerous support and government agencies.

READ: Leading Edge Materials working to finalise Norra Karr project mining lease application

It was established in recognition that despite world-leading research and a broad customer base particularly in the automotive industry, Europe was not playing a significant role in the production of lithium ion batteries.

LEM is the only potential supplier of natural graphite anode material in the group, which means it has a clear voice on the sustainable supply of European raw materials.

On February 23, Šefčovic set out a number of key priorities for the group.

These include to invest in R&D (research and development) and pilot plants to take a lead in the processing of raw materials.

To build European alliances between industries from different parts of the value chain and politics to boost mining and intermediate product production in the EU, to define cell manufacturing as a strategic industry.

Also, the group aims to define and implement certification/labelling of batteries made in Europe.

"Our objective for the alliance is simple, but the challenge is immense. We want, almost from scratch, to create a competitive and sustainable, battery cell manufacturing in Europe supported by a full EU-based value chain."

"With graphite, lithium, rare earth and cobalt assets located in the Nordic region, Leading Edge Materials can deliver a unique opportunity to European investors to take part in the high-growth lithium ion battery market," the firm has said previously.

Shares added 2.33% in Toronto to C$0.66.

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Mon, 26 Feb 2018 10:03:00 -0500 https://www.proactiveinvestors.com/companies/news/192201/leading-edge-materials-welcomes-strategic-plan-from-eu-battery-alliance-192201.html
<![CDATA[News - Leading Edge Materials working to finalise Norra Karr project mining lease application ]]> https://www.proactiveinvestors.com/companies/news/192014/leading-edge-materials-working-to-finalise-norra-karr-project-mining-lease-application-192014.html Leading Edge Materials Corp (CVE:LEM) updated on the status of its Norra Karr heavy REE (rare earth element) deposit in Sweden, saying the lease on the site was now under 'application' rather than 'granted'.

It comes after a Swedish governmental review of the Supreme Administrative Court's interpretation of the Swedish Mining Act, which has led to the mining inspectorate requesting supplementary information, which the firm has done.

LEM said it continued to hold exclusive rights to the Norra Karr project throughout this mining lease application process.

"We continue to work through this mining lease application process with the Swedish authorities and look forward to finalising it," said Blair Way, the president and chief executive at Leading Edge.

Norra Karr can potentially supply numerous innovation-critical metals and minerals, for which the European Union is currently import dependent. We look forward to continuing our research to add value to this large and strategic project."

LEM shares fell 7.14% to C$0.65.

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Wed, 21 Feb 2018 15:36:00 -0500 https://www.proactiveinvestors.com/companies/news/192014/leading-edge-materials-working-to-finalise-norra-karr-project-mining-lease-application-192014.html
<![CDATA[News - Leading Edge Materials to begin trading on Nasdaq First North on Monday ]]> https://www.proactiveinvestors.com/companies/news/190319/leading-edge-materials-to-begin-trading-on-nasdaq-first-north-on-monday-190319.html Leading Edge Materials Corp (CVE:LEM) says its shares will begin trading on Nasdaq First North with the symbol LEMSE on Monday (January 22) after final approval was received.

"The company is very pleased to have completed this process and commence trading of our shares on Nasdaq First North," said  Blair Way, president and chief executive.

"We look forward to working with the Swedish investment community to grow our business."

Shares on the TSX venture exchange will continue to trade under the symbol LEM.

Nasdaq First North Stockholm was a logical choice for a dual listing, the company said, to both expand the company's European profile and broaden the European shareholder base.

"With graphite, lithium, rare earth and cobalt assets located in the Nordic region, Leading Edge Materials can deliver a unique opportunity to European investors to take part in the high-growth lithium ion battery market," the materials firm said in a brief statement on Friday. 

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Fri, 19 Jan 2018 10:21:00 -0500 https://www.proactiveinvestors.com/companies/news/190319/leading-edge-materials-to-begin-trading-on-nasdaq-first-north-on-monday-190319.html
<![CDATA[News - Leading Edge Materials poised to list on Nasdaq First North ]]> https://www.proactiveinvestors.com/companies/news/189024/leading-edge-materials-poised-to-list-on-nasdaq-first-north-189024.html Leading Edge Materials Corp (CVE:LEM) has received conditional approval to list its share s on the Nasdaq First North Stockholm.

It comes as the high tech metals group is attracting increasing interest from European investors.

Approval is now subject to customary conditions, the firm said, and the company description has been approved by Nasdaq Stockholm AB.

Leading Edge's chief executive Blair Way said: "We look forward to working with the Swedish investment community to grow our business."

"Nasdaq First North Stockholm is a logical choice for a dual listing of Leading Edge Materials to both expand the company's European profile and broaden the European shareholder base," the company said.

"With graphite, lithium, rare earth and cobalt assets located in the Nordic region, Leading Edge Materials can deliver a unique opportunity to European investors to take part in the high-growth lithium ion battery market."

Also today, the firm announced the resignation  of Nick Demare as director of the company but said  he will continue his role as the firm's chief financial officer.

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Tue, 19 Dec 2017 08:56:00 -0500 https://www.proactiveinvestors.com/companies/news/189024/leading-edge-materials-poised-to-list-on-nasdaq-first-north-189024.html
<![CDATA[News - Leading Edge Materials shares surge as Swedish gov't takes positive stance on critical metals ]]> https://www.proactiveinvestors.com/companies/news/188473/leading-edge-materials-shares-surge-as-swedish-gov-t-takes-positive-stance-on-critical-metals-188473.html Leading Edge Materials Corp (CVE:LEM) has welcomed  the Swedish government's willingness to play a supporting role in the development of the critical metals industry.

The view was expressed in an in-depth study, which analysed the role the administration can play in the future supply chain for a range of materials, including rare earth elements, lithium, graphite and tungsten.

READ - Leading Edge Materials uncovers thickest interval of lithium to date at Bergby READ THE BIG PIC - Sweden-focused Leading Edge Materials delivering in the high tech materials arena

Scandinavia- focused LEM has significant mining and exploration assets for such materials in Sweden, and indeed, is currently seeking a Swedish listing on the  Nasdaq First North market.

"We commend the Swedish Government for taking a long-range view on the mining and minerals industries, recognizing that new materials in addition to current ones shall be mined and recovered in Sweden in the near future," said Blair Way, the firm's president and chief executive.

"Innovation critical metals and minerals are relatively small volume but high value markets, yet they underpin the development of very extensive value add supply chains in renewable energy generation, storage and conservation.

"Many of these materials are presently mined in an unsustainable way in other parts of the world, and Sweden is taking positive steps towards becoming a global leader in sustainable mining of these new materials."

Also, in today's release, LEM said that a fourth government funded project entitled "Graphene Energy" had been started.

This aims to apply graphene from LEM's Woxna graphite facility to enhance the electrical conductivity and the mechanical strength of lithium ion battery anodes.

Leading Edge Materials shares added almost 11% in Toronto, to stand at C$0.71 each, before falling back to C$0.67 later in the session.

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Thu, 07 Dec 2017 11:50:00 -0500 https://www.proactiveinvestors.com/companies/news/188473/leading-edge-materials-shares-surge-as-swedish-gov-t-takes-positive-stance-on-critical-metals-188473.html
<![CDATA[News - Leading Edge Materials uncovers thickest interval of lithium to date at Bergby ]]> https://www.proactiveinvestors.com/companies/news/187445/leading-edge-materials-uncovers-thickest-interval-of-lithium-to-date-at-bergby-187445.html The Bergby project in Sweden keeps on delivering for Leading Edge Materials Corp (CVE:LEM) and has now thrown up the thickest interval of lithium mineralisation so far.

In August this year, the company kicked off a second drill program to build on the “excellent” results from the first round.

READ: THE BIG PIC - Sweden-focused Leading Edge Materials delivering in the high tech materials arena

Today' assays hail from the first five holes of that program.

A highlight was in hole BBY 17020, which hit 19.5metres at 1.12% lithium oxide.

Another hole hit 12.6 metres at 0.83% lithium oxide from 21.1 metres depth.

READ:  Leading Edge Materials' Swedish gov't research project will assess Woxna graphite

"Our exploration at Bergby has continued to deliver very promising results, and a high grade and thickness interval like 19.5m 1.12% Li2O at very shallow depth provides us with a lot of optimism," said Blair Way, the president and chief executive.

"While Bergby remains an early stage discovery, we are now preparing for metallurgical testwork to move the project to the next stage.

"We look forward to sharing the next round of drill results from this second phase program as they become available."

The holes were drilled in the southern area of the prospect to infill and test down dip from previous drilling.

Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.

It lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares (Ha).

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Shares eased 3.33% to C$0.58.

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Fri, 17 Nov 2017 09:04:00 -0500 https://www.proactiveinvestors.com/companies/news/187445/leading-edge-materials-uncovers-thickest-interval-of-lithium-to-date-at-bergby-187445.html
<![CDATA[News - Leading Edge Materials' Swedish gov't research project will assess Woxna graphite ]]> https://www.proactiveinvestors.com/companies/news/185669/leading-edge-materials-swedish-gov-t-research-project-will-assess-woxna-graphite-185669.html Leading Edge Materials Group (CVE:LEM) is to take part in a Swedish government-funded research project called: "Natural Swedish graphite for future lithium-ion batteries".

The aim is to assess the use of high purity natural graphite as anode material for lithium ion batteries, using graphite sourced from the group's Woxna project in Sweden.

LEM is a founding participant in the project, along with the Angstrom Advanced Battery Centre (AABC), Uppsala University.

"The Angstrom Centre is highly regarded globally with many decades of lithium ion battery research and development," said Blair Way, the president and chief executive of Leading Edge Materials.

"We are very pleased to have the opportunity to work with Professor Edstrom and her team on the further development of natural graphite from Woxna for high value anode materials."

The aims of the research include making a natural graphite powder with optimized particle size to facilitate rapid lithium movement, and test  graphite electrodes using new processes and binders for commercialization.

The total project budget is around C$270,000 and the project is scheduled to run until the third quarter of 2019.

Major funding is provided by Vinnova, a Swedish government agency working under the Ministry of Enterprise and Innovation to promote research investment.

Shares were unchanged at C$0.67.

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Mon, 16 Oct 2017 12:12:00 -0400 https://www.proactiveinvestors.com/companies/news/185669/leading-edge-materials-swedish-gov-t-research-project-will-assess-woxna-graphite-185669.html
<![CDATA[News - Sweden-focused Leading Edge Materials delivering in the high tech materials arena ]]> https://www.proactiveinvestors.com/companies/news/185148/sweden-focused-leading-edge-materials-delivering-in-the-high-tech-materials-arena-185148.html Leading Edge Materials Corp (CVE:LEM) certainly seems to be delivering on its aim to supply materials vital for a low carbon energy world.

If a firm could be said to be 'on trend', then this is certainly one. Investor interest is also there too.

Listing plans..

The group has just announced plans to list on the  Nasdaq First North Stockholm after being "encouraged" by a steady increase in interest from European investors over the past year.

Elon Musk's baby Tesla (NASDAQ:TSLA) is never far from the news and talk of electric vehicles supplanting  gasoline-powered peers has grown louder than ever, as countries increasingly too look beyond petrol and diesel.

Lithium is of course a  major component in batteries for electric vehicles, hence the interest in the commodity and Leading Edge kicked off a second drill program at its Bergby lithium project in Sweden this summer after the “excellent” results it saw in the first round.

“Bergby has rapidly shaped up as a highly ranked lithium project in the Nordic region,” said chief executive Blair Way.

Bergby lies in central Sweden, 25km north of the town of Gavle, and has major roads, rail and power supply passing immediately adjacent to the claim boundaries.

More recently, LEM has reported positive results from testing of material from its Norra Karr heavy REE (rare earth element) deposit also in Sweden, including a development process it describes as a potential "game -changer".

The research was completed under the European Commission-financed EURARE project and made significant technical milestones, including showing high REE recovery with a substantial reduction in water used and recovered additional high-value metals hafnium and zirconium.

Norra Karr has a proven mineral reserve of 23.6mln tonnes at 0.59% total rare earth oxide (TREO).

A prefeasibility study in 2015 estimated an after-tax net present value (NPV) of US$313

WATCH - Leading Edge Materials' Blair Way on potential 'game-changing' development process

Ironically perhaps, electric car batteries contain more graphite than they do lithium, and, as well as cars, are used in all sorts from smart phones to solar panels.

Leading Edge, in a second set of encouraging battery test results this year, revealed that material from its Woxna mine in Sweden has been used to make a  18650 lithium-ion battery cells and performed well.

Such batteries are equivalent to those used in Tesla vehicles and the firm said results were 'strong and consistent', showing they could be used to create a long battery life - vital in such vehicles.

At the Woxna mine, the firm usefully has 100 tons of material stored and available for further testing. Testing is a vital part of development such resource technology and  is likely to  go on for at least six to 12 months more, according to LEM.

Growing demand..

The firm is encouraged by the growing demand for lithium-ion batteries, and is ready to supply potential new gigafactories in Europe (like Tesla's in Nevada),  and it is in the right place to do so - in Scandinavia.

At the end of April, the firm announced a $2mln investment, secured from a select group of strategic European investors who are active in the development of European electro-mobility and green energy storage markets.

Leading Edge says it's the only western producer of natural flake graphite with a fully constructed, permitted and producing plant (100,000-tonne-per-annum feed producing 10,000 tons of over 90%  graphite concentrate).

The Woxna plant was on care and maintenance when the firm bought it in 2011 and operations restarted in 2015 using freshly mined material but falling prices for flake graphite and a downturn in the sector meant operations stopped.

The plant is now on what's called a production-ready basis while higher value graphite products are developed and will not restart until market conditions improves.

Don't forget Rotmyran...

Earlier this year, LEM said it was expanding its footprint in Sweden further,  staking a new lithium project called the Rotmyran project.

The project lies 20 kilometres north of Bergby and was selected as a high priority target based on the geological similarity to Bergby plus presence of a strong tin (Sn) - lithium (Li) till anomaly in Swedish Geological Survey data.

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Thu, 05 Oct 2017 15:02:00 -0400 https://www.proactiveinvestors.com/companies/news/185148/sweden-focused-leading-edge-materials-delivering-in-the-high-tech-materials-arena-185148.html
<![CDATA[News - Leading Edge Materials looking to list in Sweden amid increasing European investor interest ]]> https://www.proactiveinvestors.com/companies/news/185062/leading-edge-materials-looking-to-list-in-sweden-amid-increasing-european-investor-interest-185062.html Shares in Leading Edge Materials Corp (CVE:LEM) advanced over 3% on Thursday, having risen 5% yesterday after revealing it had applied to list its shares on the  Nasdaq First North Stockholm.

It comes as the high tech metals group attracts increasing interest from European investors.

It has filed preliminary  documents with Nasdaq Stockholm AB for a proposed dual listing, it revealed on Wednesday, and, if it is successful, hopes the process will be completed before the end of the year.

WATCH - Leading Edge Materials' Blair Way on potential 'game-changing' development process READ - Leading Edge Materials says potential process method for Swedish REE project is "game-changer"

"Listing of Leading Edge Materials on Nasdaq First North Stockholm is a natural next step as we build our business to serve the specialty materials needs of the European Union," said Blair Way, Leading Edge's president and chief executive.

The group said it had been "encouraged" by a steady increase in interest from European investors over the past year.

"This positive trend matches the growing European awareness of the rapid global shift to electric mobility, and the need for secure critical raw material supply chains if the European automotive industry is to play a leading role," the company said.

Nasdaq Stockholm is a very active market, with 56 new listings during the first half of this year.

The Nordic region boasts the largest retail presence in the world per capita, with small private investors and professional investors taking an active role in the market

Last month, Leading Edge reported positive results from testing of material from its Norra Karr heavy REE (rare earth element) deposit in Sweden, including a development process it described as a potential "game -changer".

The research was completed under the European Commission-financed EURARE project and made significant technical milestones.

Produced was around 25kg of mixed REE carbonate from concentrate, using a new hydrometallurgical method, LEM said.

Significantly, this delivered  high REE recovery with a substantial reduction in water used and recovered additional high-value metals hafnium and zirconium.

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Wed, 04 Oct 2017 09:09:00 -0400 https://www.proactiveinvestors.com/companies/news/185062/leading-edge-materials-looking-to-list-in-sweden-amid-increasing-european-investor-interest-185062.html
<![CDATA[Media files - Leading Edge Materials' Blair Way on potential 'game-changing' development process ]]> https://www.proactiveinvestors.com/companies/stocktube/8125/leading-edge-materials-blair-way-on-potential-game-changing-development-process-8125.html Fri, 22 Sep 2017 10:42:00 -0400 https://www.proactiveinvestors.com/companies/stocktube/8125/leading-edge-materials-blair-way-on-potential-game-changing-development-process-8125.html <![CDATA[News - Leading Edge Materials says potential process method for Swedish REE project is "game-changer" ]]> https://www.proactiveinvestors.com/companies/news/184020/leading-edge-materials-says-potential-process-method-for-swedish-ree-project-is-game-changer--184020.html Leading Edge Materials Corp (CVE:LEM) reported positive results from testing of material from its Norra Karr heavy REE (rare earth element) deposit, including a development process it describes as a potential "game -changer".

The research was completed under the European Commission-financed EURARE project and made significant technical milestones.

READ THE BIG PIC - Leading Edge riding the electric car wave with encouraging Woxna tests WATCH - Leading Edge Materials' Blair Way 'encouraged' by lithium-ion battery cell tests

Produced was around 25kg of mixed REE carbonate from concentrate, using a new hydrometallurgical method, LEM said.

Significantly, this delivered  high REE recovery with a substantial reduction in water used and recovered additional high-value metals hafnium and zirconium.

LEM president and chief executive Blair Way said:  "The dry digestion hydrometallurgical process is a potential game changer, with the opportunity for efficient recovery of additional high-value metals, and a process that may substantially reduce the environmental footprint.

"While Norra Karr has long been known as potential source of nepheline, with a large sample now available for additional test work we are in a strong position to identify market opportunities."

Norra Karr has a proven mineral reserve of 23.6mln tonnes at 0.59% total rare earth oxide (TREO).

A prefeasibility study in 2015 estimated an after-tax net present value (NPV) of US$313mln.

Leading Edge pointed to a significant recent rise in REE prices, with the magnetic metals increasing by more than 50% in the year to August, 2017.

Preparation of additional supporting documentation regarding the Norra Karr mining lease, which was granted in 2013, is under way and is anticipated to be ready for submission to the Swedish Mining Inspectorate during December, 2017.

Shares in Toronto eased 4.55% to C$0.63.

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Thu, 14 Sep 2017 13:47:00 -0400 https://www.proactiveinvestors.com/companies/news/184020/leading-edge-materials-says-potential-process-method-for-swedish-ree-project-is-game-changer--184020.html
<![CDATA[News - Leading Edge kicks off follow-up drill program at Bergby ]]> https://www.proactiveinvestors.com/companies/news/182617/leading-edge-kicks-off-follow-up-drill-program-at-bergby-182617.html Explorer Leading Edge Materials Corp (CVE:LEM) has kicked off a second drill program at its Bergby lithium project in Sweden as it looks to build on the “excellent” results from the first round of drilling.

A small 18-hole drill program earlier this summer confirmed that mineralisation at the project extends for more than 600 metres along strike.

Since then, Leading Edge has been granted drill permits that allows for up to 48 new drill sites.

This second drill program will look to expand the area of lithium mineralisation and collect samples for metallurgical testwork.

It is anticipated that this drill program will be approximately 900m of targeted drilling.

Lithium mineralized outcrops and boulders are known from a strike length of more than 1.5km, more than twice the strike that has been drill tested to date.

‘An exciting prospect’

“Bergby has rapidly shaped up as a highly ranked lithium project in the Nordic region,” said chief executive Blair Way.

“Following our previous drill success, we have moved quickly to access the permits and the drill rig needed to advance this exciting prospect.

“The lithium mineralized pegmatite remains open in all directions, and the along strike and down dip potential will be well tested by this program.”

Bergby discovered last year

 Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.

It lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares (Ha).

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Shares were up 2.47% to C$0.83  on Thursday.

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Thu, 17 Aug 2017 10:05:00 -0400 https://www.proactiveinvestors.com/companies/news/182617/leading-edge-kicks-off-follow-up-drill-program-at-bergby-182617.html
<![CDATA[News - Leading Edge Materials shares nudge higher as it welcomes new director ]]> https://www.proactiveinvestors.com/companies/news/181874/leading-edge-materials-shares-nudge-higher-as-it-welcomes-new-director-181874.html Leading Edge Materials Corp (CVE:LEM) has a new board director - in the shape of Filip Kozlowski who is based in Stockholm.

He has 15 years' experience in various capital market roles, including as investment manager for private funds, a market trader with a global tier one investment bank and as adviser to smaller boutique investment firms, the resource and materials specialist revealed.

"Having worked with Filip for over a year now on Swedish specific endeavours, I am pleased to welcome him to our board. I am confident the company will benefit from Filip's solid finance experience in European markets and specifically the Swedish capital markets," said Blair Way, president and chief executive officer of Leading Edge.

Shares gained 2.35% in Toronto to 87 cents.

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Wed, 02 Aug 2017 11:51:00 -0400 https://www.proactiveinvestors.com/companies/news/181874/leading-edge-materials-shares-nudge-higher-as-it-welcomes-new-director-181874.html
<![CDATA[News - Leading Edge Materials to play a part in European battery manufacturing project ]]> https://www.proactiveinvestors.com/companies/news/181601/leading-edge-materials-to-play-a-part-in-european-battery-manufacturing-project-181601.html Leading Edge Materials Corp (CVE:LEM) is poised to be part of a large scale European battery manufacturing project.

The materials group has partnered with Northvolt AB as a part of a deal with  with InnoEnergy for the establishment of a large-scale battery manufacturing project in Sweden, it said.

Leading Edge will contribute to the production of battery cells via sustainably produced natural graphite.

The firm says it's the only western producer of natural flake graphite from its Woxna project with a fully constructed, permitted and producing plant (100,000-tonne-per-annum feed producing 10,000 tons of over 90%  graphite concentrate).

 "This is an exciting time for the lithium-ion battery market, and we are very pleased to be a part of such an important project in the European Union.

"The demand for lithium-ion batteries is forecast to be strong as the world shifts to low-emission transport and storage options. It is an excellent opportunity to participate in a program such as this to demonstrate our ability to be an important part of the supply chain for large-scale lithium-ion battery manufacturing," said Blair Way, president and chief executive officer.

With a focus on Europe and assets in innovation-rich Scandinavia, Leading Edge Materials is placed to play a pivotal role in the supply of critical  materials.

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Thu, 27 Jul 2017 15:45:00 -0400 https://www.proactiveinvestors.com/companies/news/181601/leading-edge-materials-to-play-a-part-in-european-battery-manufacturing-project-181601.html
<![CDATA[News - Leading Edge Materials receives permit for next Bergby drilling ]]> https://www.proactiveinvestors.com/companies/news/180716/leading-edge-materials-receives-permit-for-next-bergby-drilling-180716.html Leading Edge Materials Corp (CVE:LEM) has received a drill permit for the next set of drilling at the exciting Bergby project in Sweden.

It allows up to 48 further drill sites, and the company is targeting the third quarter of this year to kick off work.

"Following on from the excellent results we received in the first Bergby drill program, our Swedish team has moved quickly to ensure we can continue our exploration at a fast pace," said Blair Way, Leading  Edge's president and chief executive.

"We now have a permit in place for an expanded drilling program that will test the along-strike and downdip potential of the lithium mineralized pegmatite, both of which remain completely open."

In the first drilling campaign, Li2O (lithium oxide) was intersected in 17 of the 18 holes, including high lithium grades and mineralized intervals exceeding thickness of 16 metres.

Highlights from one hole  included 18.8 metres (m) at 1.14% lithium oxide, 101 ppm (parts per million) tantalum oxide from 17.75m in depth.

Lithium mineralized outcrops and boulders are known from a strike length of more than 1.5km, which exceeds the 600 metres of strike that has been drill tested to date.

Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.

It is in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares (Ha).

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Lithium is an expanding market and Europe is playing a leading role.

It issued in batteries for the automotive, consumer product and stationary electrify storage industries. 

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Tue, 11 Jul 2017 14:59:00 -0400 https://www.proactiveinvestors.com/companies/news/180716/leading-edge-materials-receives-permit-for-next-bergby-drilling-180716.html
<![CDATA[News - Leading Edge Materials prepares for second Bergby drill program after very encouraging findings ]]> https://www.proactiveinvestors.com/companies/news/179485/leading-edge-materials-prepares-for-second-bergby-drill-program-after-very-encouraging-findings-179485.html Leading Edge Materials Corp (CVE:LEM)  is readying for a  second expanded drill program at its Bergby lithium project in Sweden after yet more positive assays.

Mineralsation is now known to extend for more than 600 metres along strike, and remains open in all directions, the group said, posting  results from the final six holes.

Chief executive Blair Way told investors: "The first Bergby drilling program comprising only 18 holes has delivered excellent lithium and tantalum results, and Bergby now ranks as a very significant lithium occurrence in the Nordic region.

He added: "We are now preparing for additional drilling to test the along strike and down dip extension of lithium mineralization."

The next work will also see Leading  Edge collect samples to use for the first round of mineral processing test work, while further surface work will be completed to better understand the prospectivity of the whole Bergby area.

Notably, today's results included two new near-surface intersections that exceeded 16 metres in thickness at greater than 1% lithium oxide.

Highlights from one hole also included 18.8 metres (m) at 1.14% lithium oxide, 101 ppm (parts per million) tantalum oxide from 17.75 m in depth.

Another hole intersected 16.35 metres at 1% lithium oxide,  129 parts per million (ppm) tantalum oxide from 15.75 m depth.

Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.

Bergby lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares (Ha).

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

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Mon, 19 Jun 2017 13:12:00 -0400 https://www.proactiveinvestors.com/companies/news/179485/leading-edge-materials-prepares-for-second-bergby-drill-program-after-very-encouraging-findings-179485.html
<![CDATA[News - Leading Edge Materials partners in innovative graphene composite project ]]> https://www.proactiveinvestors.com/companies/news/178993/leading-edge-materials-partners-in-innovative-graphene-composite-project-178993.html Leading Edge Materials (CVE:LEM) has partnered in a $260,000 scheme to develop materials using graphite sourced from its Woxna mine in Sweden.

The project is driven by aerospace and aeronautics industries' demand for high performance lightweight materials.

Partners include GKN Aerospace Sweden AB (formerly Volvo Aero) and Nexan Chemical AB, while the materials research will be driven by Swerea SICOMP AB.

READ - Leading Edge riding the electric car wave with encouraging Woxna tests WATCH - Leading Edge Materials' Blair Way 'encouraged' by lithium-ion battery cell tests

The total budget is SEK1.7 million, or around C$260,000 .

VINNOVA  will fund 50% and the industrial partners contribute the other half in kind, and the project is scheduled to run until the first quarter of 2019.

The project is called "Graphene Modified Composites for Long-Term and High-Temperature Applications".

"Sweden is a long-term leader in aeronautics, with both the research capacity and deep industrial support to make rapid progress in the development of new materials," Blair Way, Leading Edge's chief executive, told investors.

"We are pleased to be involved in this targeted research to identify new high value applications for graphite and graphene, and are excited to see Woxna graphite being instrumental within such cutting edge materials."

Leading Edge Materials first produced graphene, one of the thinnest and strongest compounds known, from graphite from Woxna in 2016, in partnership with 2D Fab AB.

Graphene modified materials may provide polymeric composites suitable for use in long-term high temperature and high humidity stability applications, such as aircraft engine parts, with lower weight and enhanced mechanical properties.

The project targets a 20% weight reduction in aircraft at the system level, making way for lightweight, highly thermal resistant and more durable composite components.

Leading Ede shares eased 1.79% to $0.55.

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Thu, 08 Jun 2017 14:38:00 -0400 https://www.proactiveinvestors.com/companies/news/178993/leading-edge-materials-partners-in-innovative-graphene-composite-project-178993.html
<![CDATA[News - Leading Edge Materials' boss hails further encouraging results from Bergby project ]]> https://www.proactiveinvestors.com/companies/news/178792/leading-edge-materials-boss-hails-further-encouraging-results-from-bergby-project-178792.html Leading Edge Materials Corp's (CVE:LEM) Bergby lithium project in Sweden is shaping up very nicely indeed - as the group revealed it had hit further high grade results from the property.

The assays come from a further seven diamond holes and highlights include one hole, which hit 8.8m at 1.11% lithium, 98 ppm (parts per million) tantalum from 27.55 metres depth.

READ THE BIG PIC HERE - Leading Edge riding the electric car wave with encouraging Woxna tests WATCH - Leading Edge Materials' Blair Way 'encouraged' by lithium-ion battery cell tests

Another hole hit 6.75 metres (m) at 1.87% lithium oxide , 191ppm (parts per million) of tantalum oxide from 0.70m depth.

Blair Way, the president and chief executive of Leading Edge Materials (CVE:LEM), told investors: "The Bergby lithium project continues to deliver very encouraging high grade drill results at very shallow depth.

"Mineralization has been discovered in every drill hole to date, and we look forward to advancing the prospect quickly from here. In addition to lithium, regular elevated grades of tantalum are also being discovered.

The firm also published re-assays of results, which were first published on April 25m, which turned out  to show an increased average grade.

"While the need to re-state drill intersections due to assay accuracy is always frustrating, the increased average grade for the first five drill holes is a worthy reward," added Way.

Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.

Bergby lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares (Ha).

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Shares eased 1.69% to stand at $0.58.

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Mon, 05 Jun 2017 10:46:00 -0400 https://www.proactiveinvestors.com/companies/news/178792/leading-edge-materials-boss-hails-further-encouraging-results-from-bergby-project-178792.html
<![CDATA[Media files - Leading Edge Materials' Blair Way 'encouraged' by lithium-ion battery cell tests ]]> https://www.proactiveinvestors.com/companies/stocktube/7505/leading-edge-materials-blair-way-encouraged-by-lithium-ion-battery-cell-tests-7505.html Mon, 22 May 2017 14:38:00 -0400 https://www.proactiveinvestors.com/companies/stocktube/7505/leading-edge-materials-blair-way-encouraged-by-lithium-ion-battery-cell-tests-7505.html <![CDATA[News - Leading Edge riding the electric car wave with encouraging Woxna tests ]]> https://www.proactiveinvestors.com/companies/news/178147/leading-edge-riding-the-electric-car-wave-with-encouraging-woxna-tests-178147.html Leading Edge Materials Corp (CVE:LEM) this year certainly seems to be delivering on its aim to supply materials vital for a low carbon energy world - not least the batteries used in electric vehicles.

If a firm could be said to be 'on trend', then surely this is one....

Elon Musk's baby Tesla (NASDAQ:TSLA) is never far from the news and with its market cap surpassing first Ford’s (NYSE:F) and then General Motors’ (NYSE:GM) last month, talk of electric vehicles supplanting  gasoline-powered peers has grown louder than ever.

A Tesla buzz..

That Tesla buzz centres generally around lithium, but notably  such batteries contain more graphite than they do the other, and, as well as cars, are used in all sorts from smart phones to solar panels.

Leading Edge Materials (CVE:LEM) has now, in the second set of encouraging battery test results this year, revealed that material from its Woxna mine in Sweden has been used to make a  18650 lithium-ion battery cells and performed well.

Such batteries are equivalent to those used in Tesla (NASDAQ:TSLA) electric vehicles and the firm said results were 'strong and consistent', shwoing they could be used to create a long battery life - vital in such vehicles.

WATCH - Leading Edge Materials' Blair Way 'encouraged' by lithium-ion battery cell tests

At the Woxna mine, the firm usefully has 100 tons of material stored and available for further testing. Testing is a vital part of development such resource technology and  is likely to  go on for at least six to 12 months more, according to LEM.

The firm is encouraged by the growing demand for lithium-ion batteries, and is ready to supply potential new gigafactories in Europe (like Tesla's in Nevada),  and it is in the right place to do so - in Scandinavia.

At the end of April, the firm announced a $2mln investment, secured from a select group of strategic European investors who are active in the development of European electro-mobility and green energy storage markets.

Leading Edge says it's the only western producer of natural flake graphite with a fully constructed, permitted and producing plant (100,000-tonne-per-annum feed producing 10,000 tons of over 90%  graphite concentrate).

The Woxna plant was on care and maintenance when the firm bought it in 2011 and operations restarted in 2015 using freshly mined material but falling prices for flake graphite and a downturn in the sector meant operations stopped.

The plant is now on what's called a production-ready basis while higher value graphite products are developed and will not restart until market conditions improves.

And there's also lithium potential with Bergby

In October last year, the firm's geologists also discovered its first lithium project called  Bergby. Fifteen samples taken from three outcrop areas returned lithium oxide averaging 1.71% and ranging from 0.01% to 4.6%.

And a first program of drilling high lithium grades at a very shallow depth, placing Bergby as a leading lithium project in the Nordic region, the firm said.

Recent drill results have been highly encouraging. In the latest set of assays, boss Way told investors: "Mineralization has been discovered in every drill hole to date, and we look forward to advancing the prospect quickly from here. In addition to lithium, regular elevated grades of tantalum are also being discovered."

Bergby lies in central Sweden, 25km north of the town of Gavle, and has major roads, rail and power supply passing immediately adjacent to the claim boundaries.

And now Rotmyran...

And earlier this year, LEM said it was expanding its footprint in Sweden further,  staking a new lithium project called the Rotmyran project.

The project lies 20 kilometres north of Bergby and was selected as a high priority target based on the geological similarity to Bergby plus presence of a strong tin (Sn) - lithium (Li) till anomaly in Swedish Geological Survey data.

Leading Edge shares in Toronto rose 1.75% to stand at 58 cents on the day. 

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Mon, 22 May 2017 11:34:00 -0400 https://www.proactiveinvestors.com/companies/news/178147/leading-edge-riding-the-electric-car-wave-with-encouraging-woxna-tests-178147.html
<![CDATA[News - Leading Edge hails latest encouraging test results of Woxna graphite in batteries ]]> https://www.proactiveinvestors.com/companies/news/178020/leading-edge-hails-latest-encouraging-test-results-of-woxna-graphite-in-batteries-178020.html Leading Edge Materials Corp's (CVE:LEM) has reported encouraging test findings of 18650 lithium-ion battery cells made using high-purity graphite from its Woxna mine in Sweden.

Significantly, 18650 battery cells are the industry standard for testing battery performance.

They are equivalent to those used in Tesla (NASDAQ:TSLA) electric vehicles.

READ - Leading Edge Materials looks to repeat Bergby success in nearby Rotmyran READ  - Leading Edge Materials' Woxna graphite set to be suitable for lithium car batteries

The batteries were assessed using high-precision coulometry (HPC) to measure anode performance and stability under real-world conditions.

Blair Way, Leading Edge's president and chief executive, said it was 'rewarding'  progress.

"18650 cells were manufactured using over four kilograms of Woxna high-purity graphite and provide the best test of graphite anode performance under real-world conditions, well beyond the testing possible on smaller coin cells.

"The HPC test results are encouraging, and I look forward to continuing this qualification process."

A large  amount of commercial graphite flotation concentrate from Woxna  was shipped to an independent lab in the US for spheronizing and thermal purification before use in the manufacture of the 18650 battery cells

The latest development follows news in April that the "Woxna high purity spherical graphite product is now of a quality to warrant progression to 18650 lithium ion battery cell manufacture".

Leading Edge will now proceed further with battery material qualification. The next stage of testing will include expanded 18650 battery cell manufacture and undertaking more exhaustive material and performance testing.

Leading Edge is focused on green energy markets with a focus on Europe and assets in innovation-rich Scandinavia.

Shares in Toronto added 3.64% to $0.57.

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Thu, 18 May 2017 14:58:00 -0400 https://www.proactiveinvestors.com/companies/news/178020/leading-edge-hails-latest-encouraging-test-results-of-woxna-graphite-in-batteries-178020.html
<![CDATA[News - Leading Edge Materials looks to repeat Bergby success in nearby Rotmyran ]]> https://www.proactiveinvestors.com/companies/news/177541/leading-edge-materials-looks-to-repeat-bergby-success-in-nearby-rotmyran-177541.html Resources group Leading Edge Materials Corp (CVE:LEM) is expanding its footprint in Sweden, targeting more lithium deposits.

The group has staked a new lithium project in Sweden: the Rotmyran project.

READ Leading Edge Materials hails first ever drill results from Bergby lithium project

The project lies 20 kilometres north of the company's lithium prospect at Bergby.

Following the success of drilling at Bergby, Rotmyran was selected as a high priority target based on the geological similarity to Bergby plus presence of a strong tin (Sn) - lithium (Li) till anomaly in Swedish Geological Survey data.

Leading Edge said Rotmyran was held by the Swedish Government mining company LKAB during the 1980's when pegmatite outcrops and boulders bearing the lithium mineral petalite, the tin mineral cassiterite and anomalous tantalum (Ta) were discovered.

According to Leading Edge's geological boffins, such features are supportive of the presence of highly prospective LCT (lithium-cesium-tantalum) pegmatites, similar to those found at Bergby.

"Following on from the success we have had in discovering high grade lithium mineralization at Bergby, we have been on the lookout for other equally prospective areas. Rotmyran shows many similar features to Bergby, and can be rapidly tested during the coming summer season,” explained Blair Way, president and chief executive officer of Leading Edge.

“This project sits well within our strategy of acquiring low holding cost assets while we advance our graphite business model to supply the lithium ion battery market."

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries.

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Tue, 09 May 2017 15:45:00 -0400 https://www.proactiveinvestors.com/companies/news/177541/leading-edge-materials-looks-to-repeat-bergby-success-in-nearby-rotmyran-177541.html
<![CDATA[News - Leading Edge Materials closes $2mln placing ]]> https://www.proactiveinvestors.com/companies/news/177259/leading-edge-materials-closes-2mln-placing-177259.html Resource group Leading Edge Materials Corp (CVE:LEM) has closed the previously announced placing and brought it $2mln.

As announced on April 28, the firm arranged a placing of up to around 3.63mln units at 55 cents each with European investors.

Each unit consisted of one share and one warrant, which will be exercisable to acquire one further share for 80 cents for three years.

Blair Way, president and chief executive officer of LEM, said: "We are very pleased to be able to secure this quick financing with this select group of strategic European investors.

"The company intends to use the net proceeds from the offering to continue to advance the Woxna graphite production facility to meet the demands of the lithium-ion battery market and to further exploration activities on other critical materials for the energy storage market and for general corporate requirements.

"Proceeds from the offering will allow an accelerated work program during 2017."

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Wed, 03 May 2017 16:04:00 -0400 https://www.proactiveinvestors.com/companies/news/177259/leading-edge-materials-closes-2mln-placing-177259.html
<![CDATA[News - Leading Edge Materials poised to raise $2mln with strategic European investors ]]> https://www.proactiveinvestors.com/companies/news/177073/leading-edge-materials-poised-to-raise-2mln-with-strategic-european-investors-177073.html Resource group Leading Edge Materials Corp (CVE:LEM) is set to raise up to $2mln from European investors to advance the business.

It has arranged a placing of up to around 3.63mln units at 55 cents each.

Each unit will consist of one share and one warrant, which will be exercisable to acquire one further share for 80 cents for three years from the closing date.

READ - Leading Edge Materials hails first ever drill results from Bergby lithium project READ - Leading Edge Materials' Woxna graphite set to be suitable for lithium car batteries

The warrants can also be called by Leading Edge once shares trade above a weighted average price of $1 for 30 consecutive trading days.

Blair Way, Leading Edge's chief executive, said: "We are pleased to have secured this investment from a select group of strategic European investors who are active in the development of European electro-mobility and green energy storage markets."

The firm plans to use the net proceeds to continue to advance its Woxna graphite production facility in Sweden to meet the demands of the lithium ion battery market and to further exploration efforts.

"Proceeds from the offering will allow an accelerated work program during 2017," LEM added.

Earlier this month, the group reported that high purity graphite from its Woxna project was suitable for use in lithium ion batteries for the car industry after the latest results from  test work, which bettered previous findings.

"Woxna high purity spherical graphite product is now of a quality to warrant progression to 18650 lithium ion battery cell manufacture," it said in a brief statement.

The lab looked at key characteristics on the samples such as graphitic carbon content, tap density, BET surface area, particle size distribution, reversible capacity and cell life cycle testing (HPC).

And this week, it said first ever drilling at its Bergby lithium project, also in Sweden, had excitingly yielded high grade results. The property was discovered by Leading Edge early in 2016.

"This first program of drilling at Bergby has intersected high lithium grades at a very shallow depth, and places Bergby as a leading lithium project in the Nordic region," said Way.

The firm said Europe was playing a leading role in the transition to low-carbon energy from renewable sources, and the efficient  energy storage.

"Lithium has a strong and expanding market, due to the essential role it plays in lithium-based batteries for the automotive, consumer product and stationary electrify storage industries," it added.

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Fri, 28 Apr 2017 16:44:00 -0400 https://www.proactiveinvestors.com/companies/news/177073/leading-edge-materials-poised-to-raise-2mln-with-strategic-european-investors-177073.html
<![CDATA[News - Leading Edge Materials hails first ever drill results from Bergby lithium project ]]> https://www.proactiveinvestors.com/companies/news/176866/leading-edge-materials-hails-first-ever-drill-results-from-bergby-lithium-project-176866.html First ever drilling at the Bergby lithium project in Sweden has excitingly yielded high grade results, revealed Leading Edge Materials Corp (CVE:LEM).

The firm unveiled results from the first five diamond drill holes (of an 18 hole program now complete) from the property, which was discovered by Leading Edge early in 2016.

READ - Leading Edge Materials' Woxna graphite set to be suitable for lithium car batteries WATCH - 'The market for our materials is getting bigger and bigger', says Leading Edge Materials' Blair Way

"This first program of drilling at Bergby has intersected high lithium grades at a very shallow depth, and places Bergby as a leading lithium project in the Nordic region,"said Blair Way, president and chief executive of LEM.

"Bergby was discovered by the Leading Edge Materials team early in 2016, and to have achieved both high grades and a high hit rate of potentially mineralized pegmatite under thin glacial soil cover is a credit to their work."

Way added the group looked forward to posting additional results and plans for follow up on the prospect.

Highlights include 1.90 metres (m) at 2.35%  lithium oxide from  10.2 metres in depth in one hole; another hole showed 8.20m at a grade of 1.54% lithium oxide from just 2.85 metres in depth.

The firm also reported 10.45m at 1.62% lithium oxide from 2.2m depth.

Bergby lies in central Sweden, 25km north of the town of Gavle, secured by three exploration licenses that cover a total of 1,903 hectares

It has major roads, rail and power supply passing immediately adjacent to the claim boundaries.

Leading Edge said Europe was playing a leading role in the transition to low-carbon energy from renewable sources, and the efficient  energy storage.

"Lithium has a strong and expanding market, due to the essential role it plays in lithium-based batteries for the automotive, consumer product and stationary electrify storage industries," it added.

Shares in Toronto added 4.76% to 66 cents each.

---updates for share price ---

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Tue, 25 Apr 2017 10:41:00 -0400 https://www.proactiveinvestors.com/companies/news/176866/leading-edge-materials-hails-first-ever-drill-results-from-bergby-lithium-project-176866.html
<![CDATA[News - Leading Edge Materials' Woxna graphite set to be suitable for lithium car batteries ]]> https://www.proactiveinvestors.com/companies/news/176100/leading-edge-materials-woxna-graphite-set-to-be-suitable-for-lithium-car-batteries-176100.html High purity graphite from Leading Edge Materials Corp's (CVE:LEM) Woxna project is suitable for use in lithium ion batteries for the car industry.

The firm today released the latest results from process optimization and qualification test work, which bettered previous findings.

READ - Leading Edge Materials looking today to supply the materials of tomorrow WATCH - 'The market for our materials is getting bigger and bigger', says Leading Edge Materials' Blair Way

"Woxna high purity spherical graphite product is now of a quality to warrant progression to 18650 lithium ion battery cell manufacture," the group said in a brief statement.

This would be followed by  standard tests including those to measure anode and cathode performance and stability under "real-world" conditions, it added.

Leading Edge president and chief executive Blair Way said: "We are very pleased with the high purity achieved by thermal purification of the Woxna concentrate at an active commercial site in the United States."

He added: "Our Woxna concentrate stockpile can provide very large volumes of graphite concentrate for ongoing qualification and when appropriate scaled-up pilot plant test work."

The lab looked at key characteristics on the samples such as graphitic carbon content, tap density, BET surface area, particle size distribution, reversible capacity and cell life cycle testing (HPC).

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Thu, 06 Apr 2017 09:25:00 -0400 https://www.proactiveinvestors.com/companies/news/176100/leading-edge-materials-woxna-graphite-set-to-be-suitable-for-lithium-car-batteries-176100.html
<![CDATA[Media files - 'The market for our materials is getting bigger and bigger', says Leading Edge Materials' Blair Way ]]> https://www.proactiveinvestors.com/companies/stocktube/7198/-the-market-for-our-materials-is-getting-bigger-and-bigger-says-leading-edge-materials-blair-way-7198.html Thu, 30 Mar 2017 20:28:00 -0400 https://www.proactiveinvestors.com/companies/stocktube/7198/-the-market-for-our-materials-is-getting-bigger-and-bigger-says-leading-edge-materials-blair-way-7198.html <![CDATA[News - Leading Edge receives drill permit for Bergby, drilling within days ]]> https://www.proactiveinvestors.com/companies/news/174332/leading-edge-receives-drill-permit-for-bergby-drilling-within-days-174332.html Leading Edge Materials Corp. (CVE:LEM) shares rose more than 10% on Monday after the company said it had been granted a drilling permit for the company's 100%-owned Bergby lithium project by Swedish authorities.

Drilling equipment has been mobilized to site, and drilling is planned to commence within days. Lithium is the source for many new energy sources, such as lithium batteries and behind the drive towards electric cars, such as for Tesla Motors (NASDAQ:TSLA).

Bergby lies in central Sweden, 25 kilometres north of the town of Gavle, and is secured by three exploration licences that cover a total of 1,903 hectares.

WATCH: Market for materials "getting bigger and bigger" ...

The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the claim boundaries. The village of Norrsundet lies five km east of the Bergby project, a deepwater port where, until recently, a major wood chip and pulp mill operated.

This drilling program is the first ever to be undertaken at Bergby, with up to 25 diamond holes planned, comprising a combination of short holes to prospect beneath glacial soil cover and deeper holes to test the extent of the lithium-mineralized pegmatite.

Bergby is characterized by an extensive boulder field and outcrop of high-grade lithium mineralization. Fifteen samples taken from three outcrop areas returned Li2O (lithium oxide) averaging 1.71% and ranging from 0.01% to 4.65%; and Ta2O5 (tantalum pentoxide) averaging 133 parts per million (ppm) and ranging from 16 ppm to 803 ppm.

Samples included representative chip samples, composite samples and selective grab samples depending on outcrop quality, and were taken from three sites across an area of approximately 350 metres by 750 m.

"Our exploration at the Bergby lithium project is moving quickly, with drilling commencing this week. Very little historic exploration for lithium has been completed in Sweden, and we see Bergby as Leading Edge Materials' first step in testing high-quality lithium projects. I look forward to providing updates and data as the drill program progresses over the coming weeks," said Blair Way, Leading Edge’s president and chief executive officer.

Europe is playing a leading role in the transition to low-carbon energy generation from renewable sources, and the efficient storage of that energy. Electric mobility (electric vehicles, hybrid electric vehicles, plug-in hybrid electric vehicles) and stationary electricity storage are dependent on high-purity graphite, lithium and cobalt, where Leading Edge Materials is an active European player. Lithium has a strong and expanding market, due to the essential role it plays in lithium-based batteries for the automotive, consumer product and stationary electrify storage industries. The high electrochemical potential of lithium results in the high power-to-weight ratio that is essential for efficient mobile batteries.

Leading Edge shares were up 10.3% at C$0.75 on Monday.

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Mon, 06 Mar 2017 15:22:00 -0500 https://www.proactiveinvestors.com/companies/news/174332/leading-edge-receives-drill-permit-for-bergby-drilling-within-days-174332.html
<![CDATA[News - Leading Edge Materials’ cost-cutting strategy starting to pay off ]]> https://www.proactiveinvestors.com/companies/news/173940/leading-edge-materials-cost-cutting-strategy-starting-to-pay-off-173940.html The cost-cutting strategy at Leading Edge Materials Corp (CVE:LEM) quite literally paid off in 2016 after the Scandinavia-focused explorer slashed its general and administrative expenses last year.

For the 12 months to 31 October 2016, accounting and administration costs fell to C$59,900 from C$93,500 a year earlier.

Similarly, fuel costs, plant maintenance and salaries were all significantly lower as well.

Leading Edge posted a comprehensive loss of C$3.45mln compared to C$2.85mln loss posted a year earlier.

The company said the majority of the increase in loss is down to the recognition of share-based compensation which totalled C$1.5mln (2015: C$17,000).

At the end of the period, Leading Edge had cash in the bank of C$2.7mln, versus C$3.2mln at the end of 2015.

Despite the relatively healthy cash position, Leading Edge said it may still need to raise some additional capital in the coming year

Shares have rallied so far in 2017 after the company extended its exploitation licence at the Woxna graphite mine in Sweden for a further 25 years at the beginning of the year.

More recently, Leading Edge’s Norra Karr exploration licence has been reinstated by the Kammarratten (Administrative Court of Appeal) in Sundsvall, overturning a previous ruling by the Administrative Court in Falun last September

Only yesterday (Monday), the firm told investors it had staked its second cobalt-copper project, Kontio, in north-eastern Finland.

Shares opened $C0.01, or 1.4%, higher on Tuesday Morning to trade at C$0.75.

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Tue, 28 Feb 2017 09:55:00 -0500 https://www.proactiveinvestors.com/companies/news/173940/leading-edge-materials-cost-cutting-strategy-starting-to-pay-off-173940.html