VANCOUVER, British Columbia, Sept. 27, 2021 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that it has achieved a significant breakthrough in the performance of its vein graphite anode material (C 99.995%) in coin cells for the lithium-ion (“Li-ion”) battery market. In tests at a leading global, independent facility, WMG, part of the University of Warwick’s Energy Innovation Centre, Ceylon’s vein graphite anode material far exceeded comparable anodes made with standard synthetic commercial graphite. This is the first time in battery research history that commercial spherodized vein graphite materials were tested in a lithium ion battery in a coin cell.
