They don't write these releases in a ramp style do they. Dig in a bit and its excellent update.
It is fully independent, CSRIO are in the business of independence, their reputation relies on impartiality and accuracy.
4 out of 5 Hazer graphite samples are better than the commercial products used, now look how good commercial coated spherical flake is at 351mAh/gram on the old graph below. Note it says products in the release, so better than the best commercial product tested against.
The wording including coated spherical from flake points towards Hazers previous testing against commercial natural graphite https://www.asx.com.au/asxpdf/20180510/pdf/43txmnhjzgrfl4.pdf
“All cells based on Hazer materials showed improving capacity performance throughout the evaluation.” This is gold, they improve performance with cycles or simply get better with use. I haven't found any other commercial graphite that does, it is the biggest life limiting factor in Li batteries. They are often marketed on the number of cycles they can complete and remain efficient.
Early days though as they will not have run for thousands of cycles, but certainly worthy of promising.
Bear in mind this is a test of Hazers graphite from our fluidised bed reactor. MINS paddle tube reactor is designed for a superior graphite result.
HZR Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held