Since 2018, New Tigers Consulting(¡°NTC¡±) has been working with Falcon Energy Materials plc (TSX-V: FLCN)(¡°Falcon¡±) as its China representative by providing strategic consultation service to promote Falcon¡¯s Morocco Anode Plant and Lola Graphite project in Guinea.
On November 12, 2024, Falcon, previously known as SRG Mining Inc., announced the positive results of the Preliminary Economic Assessment (¡°PEA¡±) for the natural graphite spheroidization, purification and coating plant in the Kingdom of Morocco.
NTC assisted with Falcon in the preparation of PEA in the aspects of China market data collection, PEA translation and 3D graphics design of the proposed Morocco plant and etc. The PEA, completed under assistance of NTC, showcases the strong financial and operational potential of Falcon¡¯s vision to produce coated, spheroidized and purified graphite (¡°CSPG¡±) anode material in Morocco at industry leading operating costs.
Figure 1: Illustration of Falcon¡¯s Morocco Anode Plant
About Falcon
Falcon is focused on developing the Lola Graphite Project located in the Republic of Guinea, West Africa. The Lola Graphite Project has Proven and Probable Reserves of 42Mt at a grade of 4.2% Cg. Falcon aims to develop a fully integrated source of battery anode material to supply the European lithium-ion and fuel cell markets. With attractive operating costs, proximity to European end-markets and strong ESG credentials, the Company is poised to become a reliable supplier while promoting sustainability and supply chain transparency. Falcon is committed to generating sustainable, long-term benefits that are shared with the host countries and communities where it operates.
About NTC
New Tigers Consulting has a successful track record in marketing, financing advisory, alliance & partners searching, and strategic planning for overseas mining companies intending to expand their business activities in China. New Tigers is headquartered in Toronto, with its Chinese offices in Suzhou, Jiangsu Province (main office), Shanghai, Beijing, Shenzhen, Chongqing, Guangzhou and Wuhan.
