Company Profile – Hexagon Resources Limited (ASX:HXG)
Hexagon Resources is an Australian-based advanced materials development company, focusing on the delivery of exceptional high purity and highly crystalline flake graphite. Hexagon aims to position its graphite concentrates to meet demand for use in both new technologies and to displace synthetic graphite from traditional, larger scale markets.
Hexagon is in a joint venture with Mineral Resources Ltd (MinRes) to develop the McIntosh Flake Graphite Project, located in the East Kimberley region of Western Australia, as the primary source of high-quality graphite concentrate feedstocks.
With MinRes funding Stage 1 of the McIntosh Project through to commercial production, subject to a positive Feasibility Study, Hexagon is focused on the downstream processing of its graphite concentrates to add value and has achieved “five nines” (99.999%) purity from its McIntosh graphite.
Hexagon aims to create, capture and retain shareholder value through a vertically integrated graphite business, supplying high-specification graphite materials to the energy storage sector, sophisticated technology applications and high-end industrial uses. As it works to become an industry leader in low-cost high purity, premium products, it will form long-term and stable marketing relationships with customers in a diverse range of end-use sectors.