Consolidating one of Australia's great mining jurisdictions
Consolidating one of Australia's great mining jurisdictions
The Company was pleased to announce that it is continuing its battery minerals focus via the grant of the Mundi Mundi Project EL9648, a Group 2 (non-metallic minerals) exploration license. The total area covers 35.1km2 with two historic fluorite mines, Mount Eltie and Mount Robe 40km north-west of Broken Hill, NSW.
Fluorite (CaF2) is predominantly extracted from hydrothermal veins deposits like Mount Eltie and Mount Robe. Fluorite has numerous industrial and metallurgical uses from flux in iron and streel production through to next generation lithium-ion batteries.
Recent advances in research have highlighted fluoride-ion batteries (FIBs) as a potential stable candidate to displace lithium-ion batteries (LIBs) as the global standard for the rapidly growing energy storage demand.
Fluoride is a monatomic anion of fluorine with the chemical formula F-. Fluorite (also referred to as fluorspar) is the mineral form of calcium fluoride (CaF2 ) and the dominant ore mineral of fluorine.
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