Battery minerals, Commodities, Exploration/Development, News

Lincoln takes Kookaburra to the world

Lincoln critical minerals

Lincoln Minerals will join a delegation of Australian companies making their way to Europe to participate in a critical minerals trade mission.

Taking place in early June, the mission will see the delegates complete strategic visits to the UK, France and Germany.

It comes after the European Union (EU) gave final approval to the Critical Raw Materials Act (CRMA), signalling a decisive move away from dependence on Chinese supply chains.

This legislation identifies 34 critical and 17 strategic minerals vital for the green and digital transitions, as well as defence and space industries.

“Lincoln Minerals has potential to play a pivotal role in meeting the EU’s critical minerals needs as we progress development of our Kookaburra graphite project,” Lincoln chief executive officer Jonathan Trewartha said.

“Our participation underscores our dedication to driving partnerships in the global minerals sector and comes at an opportune time as we are expanding the scale and scope of our potential Tier 1 graphite project which will be enhanced the potential involvement of strategic offtake and funding parties such as those in the EU.”

The trade mission agenda features a comprehensive program tailored to facilitate dialogue and collaboration across various sectors.

Highlights include engagements with potential offtake partners in the electric vehicle (EV) battery space, as well as interactions with automotive, defence, aerospace, electronics, industrial and renewable energy value chains.

Key meetings have been scheduled with mineral processors, refineries and battery manufacturers.

The trade mission comes as the world looks to build out a diversified graphite supply chain, something that’s been accelerated by China’s recent move to restrict exports of graphite and related anode materials.

“These changes are forcing ex-China buyers of graphite feedstock to develop alternate supply arrangements which has precipitated a number of encouraging and ongoing discussions Lincoln is having with potential graphite supply chain partners in the Asia Pacific region,” Lincoln said.

Lincoln’s Kookaburra project has also been included in Austrade’s 2023 edition of its Australian Critical Minerals Prospectus, with the graphite asset recognised as an investment opportunity by the South Australian Government.

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