AMG Critical Materials N.V.
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Publicatie datum
29 jul 2014 - 17:39
Statutaire naam
AMG Critical Materials N.V.
Titel
AMG Advanced Metallurgical Group N.V. Subsidiary Bogala Graphite Expands Exploration Activities
Bericht
Amsterdam, 29 July 2014 --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announces that AMG Mining's majority owned Bogala Graphite Lanka Plc ("Bogala"), is starting an exploration program at the Rangala mines in Sri Lanka.
The Rangala mines, which are 100% owned by Bogala, are located 8 km southeast of the Bogala mines. Significant commercial quantities of high purity graphite have been identified at the Rangala deposit, which last operated as an active mine in 1983. Bogala has applied for a mining license from the Sri Lanka Geological Survey & Mines Bureau for the Rangala deposit.
Bogala Graphite Lanka Plc is the largest global producer of high purity vein graphite, which has superior electrical and thermal conductivity due to its crystalline structure. AMG Mining AG is Bogala's majority shareholder. AMG Mining is one of the world's leading graphite producing and refining companies, with mining activities in Asia, Europe and Africa.
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Datum laatste update: 02 september 2024