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Metals Australia (ASX:MLS) has told the market it’s getting closer to a PFS for its Lac Carheil graphite project in Quebec, Canada. Downstream design work is set to kick off which will point MLS towards its ideal solution for purification of graphite ores. The company has also grown its landholding on-site by 62% to 11,905ha targeting to lock in areas for key infrastructure; a plant site study is also on the way. So too is a Project Economic Assessment (PEA) for its battery anode material refinery. Graphite is converted into a foil and placed into EV batteries where it acts in a way that allow…

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