Green Critical Minerals (ASX:GCM) is progressing the construction of the VHD Technology pilot plant at a recently secured industrial facility in New South Wales.
With all of the key equipment for the pilot plant received, construction is underway and progressing as per the planned timeline. This milestone ensures the project remains on schedule for its targeted commissioning date.
The pilot plant, which is on track for commissioning in the March quarter 2025, has been designed to support the parallel development of heat sinks and solar-thermal blocks. Smaller VHD blocks will be produced, specifically for heat sinks in the high-performance computing sector, such as gaming computers, super computers and AI data centres.
Green Critical Minerals, which has a market capitalisation of $13.35 million, says the key ingredients for the production of the VHD technology graphite blocks have been received.
This ensures that the pilot plant is equipped to produce demonstration-scale blocks for customer qualification and downstream testing.
Managing Director Clinton Booth says the pilot plant is a pivotal milestone in proving the commercial viability of the VHD technology.
“With production of demonstration blocks on track for March next year, we are achieving remarkable and rapid progress,” Booth says.
“The VHD technology pilot plant represents a cornerstone in our broader vision to drive innovation and deliver high-value, sustainable solutions to global markets.
“We are laying the groundwork for full commercial production of our VHD graphite blocks, as well as continually exploring opportunities in additional sectors such as aerospace, defence, and advanced manufacturing.”
Green Critical Minerals is an Australia-based mineral explorer and developer primarily focused on building a mine to market graphite business.
Graphite is the largest component in a lithium-ion battery and requires the largest production increase of any battery mineral.
Write to Aaliyah Rogan at Mining.com.au
Images: Green Critical Minerals
