South Star's Santa Cruz graphite mine chosen for minerals initiative to boost production and innovation.

From GlobeNewswire: 2025-06-16 20:08:00

South Star’s Santa Cruz graphite mine was chosen by BNDES and FINEP for a minerals initiative to boost investment in graphite production and innovation. The first shipment of graphite concentrates from the mine was sent to North America on June 5, 2025. South Star is working on expanding the mine and improving downstream transformation processes with the help of BNDES and FINEP. Despite operational challenges, including weather impacts and equipment performance issues, the mine is making progress towards its production goals. Additionally, South Star appointed a new Director of Operations, Rogerio Barcellos Leite, to enhance operational efficiency.



Read more at GlobeNewswire: South Star Battery Metals Announces Selection by BNDES and