- Built and permitted graphite mine and plant in central Sweden
- One of few in Western world, only one in the EU
- Graphite is a critical raw material, used in anode of EV Lithium-ion batteries
- The mine (one out of four licenses) holds a June 2021 NI 43-101 resource as set out below:
M&I resource: 10.8MT at 7.72% TCG for 834.5KT
Inferred resource: 2.5MT at 8.16% TCG for 204.9KT
Total M&I+I resource: 13.3MT at 7.83% TCG for 1,039.5KT - On care and maintenance since 2016 while downstream anode production has been developed, see 2021 PEA (https://leadingedgematerials.com/leading-edge-materials-announces-positive-preliminary-economic-assessment-results-for-its-woxna-graphite-anode-project-with-us317m-pre-tax-npv-and-42-9-pre-tax-irr/)
- PEA with downstream scenario returns $317m pre-tax NPV(8%) and 42.9% IRR
- Access to low-cost and low carbon footprint hydropower
- 2021 Life Cycle Assessment (https://leadingedgematerials.com/leading-edge-materials-announces-preliminary-life-cycle-assessment-results-on-woxna-graphite-project/)
- LEM evaluating restart of graphite concentrate production