GLOBAL BATTERY MATERIALS ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT FOR THE KEARNEY GRAPHITE PROJECT
PR Newswire
TORONTO, July 7, 2026
Brownfield graphite mine redevelopment demonstrates an after-tax IRR of 67%, and payback period of 1.3 yearsTORONTO, July 7, 2026 /PRNewswire/ -- Global Battery Materials Corp. ("GBM" or the "Company"), a vertically integrated critical minerals and technology company focused on developing secure North American graphite and advanced anode material supply chains, is pleased to announce the positive results of a Preliminary Economic Assessment ("PEA") prepared by WSP Canada Inc. ("WSP") for its Kearney Graphite Project ("Kearney" or the "Project"), located in northeastern Ontario, Canada. The PEA evaluates the restart of the prior-producing Kearney Mine, leveraging existing infrastructure to provide a secure source of graphite for the North American battery supply chain.
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