# Green Battery and Volt Carbon manufacture initial Lithium Ion Batteries with graphite anodes, that require no acid purification, flotation, spheroidization, or carbon coating. Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/green-battery-and-volt-carbon-manufacture-initial-lithium-ion-batteries-with-gra--4fe6e3b9-263a-47dc-8c77-c6f79eed5155 Original source: https://money.tmx.com/en/quote/GEM/news/7956908956965080/green-battery-and-volt-carbon-manufacture-initial-lithium-ion-batteries-with-gra Publisher: tmx Original announcement: 2023-12-12T14:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Green Battery Minerals Inc. - Ticker: GEM - Exchange: TSX - Region: Quebec - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Metallurgy, Resource update - Extracted: 2026-09-12 07:38:02 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Green Battery Minerals and Volt Carbon have successfully manufactured initial lithium-ion batteries using graphite anodes produced via a proprietary dry processing method. The process achieved a 98.4% total carbon content and a battery capacity of 344mAh/g without the need for traditional acid purification or flotation. Reasoning: The announcement details successful metallurgical test work showing high-grade graphite can be processed into battery-grade anodes using an innovative, low-cost dry method, significantly de-risking the processing profile. - Positive factor: successful dry separation process - Positive factor: high total carbon content of 98.4% - Positive factor: battery-grade capacity of 344mAh/g achieved without chemical purification - Positive factor: reduced ESG footprint via dry processing - Negative factor: results are based on small-scale coin cell testing Facts used in scoring: 4 ## Classification and evidence **Free Milling** Polarity: positive Definition: Simple, clean ore amenable to standard processing without oxidation. Why it applies: The process uses mechanical reduction and dry separation without chemical purification, implying clean mineralogy. Evidence · text > achieved without any chemical processes and under entirely dry handling conditions **Infill Drilling** Polarity: neutral Story-specific tag Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The resource presented is a restatement of historical data from 2019. Evidence · text > The historical data presented in this release is derived from public domain reports **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 2 distinct composites were tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-and-volt-carbon-manufacture-initial-lithium-ion-batteries-with-gra--4fe6e3b9-263a-47dc-8c77-c6f79eed5155#fact-resource-facts-2) Berkwood Graphite Project · graphite Historical result Needs review: historical\_restatement #### Identity - Project: Berkwood Graphite Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: GEM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:f72a3a82d76a3aa6203a - Deposit or zone: Lac Gueret South - Material type: in-pit constrained - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 1760000 - Grade: 17 - Grade Unit: % Cgr #### Prior Estimate - Resource Date: 2019-06-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2019-06-30T00:00:00.000Z #### Dates - Event date: 2023-12-12T00:00:00.000Z Reasoning: This is a restatement of a 2019 resource estimate. - Positive factor: high grade \(17.0% Cgr\) - Negative factor: stale data \(2019\) Evidence · table > 17.0 Context: 1.76 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.5 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-and-volt-carbon-manufacture-initial-lithium-ion-batteries-with-gra--4fe6e3b9-263a-47dc-8c77-c6f79eed5155#fact-resource-facts-3) Berkwood Graphite Project · graphite Historical result Needs review: historical\_restatement #### Identity - Project: Berkwood Graphite Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: GEM #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:3e44c0cb2b4a9163fd27 - Deposit or zone: Lac Gueret South - Material type: in-pit constrained - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 1530000 - Grade: 16.4 - Grade Unit: % Cgr #### Prior Estimate - Resource Date: 2019-06-30 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2019-06-30T00:00:00.000Z #### Dates - Event date: 2023-12-12T00:00:00.000Z Reasoning: This is a restatement of a 2019 resource estimate. - Positive factor: high grade \(16.4% Cgr\) - Negative factor: stale data \(2019\) Evidence · table > 16.4 Context: 1.53 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 4.5 years before this release ## Metallurgical Results (2) ### dry separation [Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-and-volt-carbon-manufacture-initial-lithium-ion-batteries-with-gra--4fe6e3b9-263a-47dc-8c77-c6f79eed5155#fact-metallurgical-facts-0) Berkwood Graphite Project · graphite #### Identity - Project: Berkwood Graphite Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: GEM #### Test Work - Program Status: preliminary - Test Type: dry separation - Processing Route: dry separation - Sample: super jumbo flake graphite concentrate derived from rock samples #### Recovery - Recovery: 98.4 % - Recovery Basis: actual\_test - Conc. Grade: 98.4 - Conc. Grade Unit: % #### Lab - Laboratory: Volt Carbon Technologies Inc. Scarborough facility #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-12-12T00:00:00.000Z Reasoning: Achieved exceptionally high carbon content using a novel dry separation process. - Positive factor: record-high total carbon content of 98.4% Evidence · text > yielding a record-high total carbon content of 98.4% ### coin cell testing [Link to this fact](https://atlas-extractions.minestarters.com/news/green-battery-and-volt-carbon-manufacture-initial-lithium-ion-batteries-with-gra--4fe6e3b9-263a-47dc-8c77-c6f79eed5155#fact-metallurgical-facts-1) Berkwood Graphite Project · graphite #### Identity - Project: Berkwood Graphite Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: GEM #### Test Work - Program Status: preliminary - Test Type: coin cell testing - Processing Route: mechanical reduction / micronization - Sample: coin cell fabrication from micronized flake graphite concentrate #### Recovery - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-12-12T00:00:00.000Z Reasoning: Demonstrates high capacity using a simplified, sustainable mechanical process. - Positive factor: capacity of 344mAh/g achieved without chemical processes - Positive factor: entirely dry handling conditions Evidence · text > Initial coin cell testing revealed a capacity of 344mAh/g, achieved without any chemical processes ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.