Green Critical Minerals (ASX: GCM) managing director Clinton Booth joins Small Caps to discuss the company's move to acquire a very high-density (VHD) graphite technology.
The innovative technology offers a transformational leap in graphite production and is expected to reach commercialisation within the next 12 months.
Utilising a revolutionary process, the technology produces VHD graphite in just 24 to 36 hours at significantly lower temperatures than conventional methods, providing substantial cost and environmental advantages over competitors.
The addition of the new technology is seen as a “game-changer” for Green Critical Minerals, providing it with the opportunity to make significant strides in the global graphite market.
The company has already identified a path to bring the technology to market as soon as possible.
Green Critical is utilising a deferred structure which ties payments to revenue milestones of $5 million, $20m and $50m in gross revenue to acquire the breakthrough technology.
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