Northwire Canada EditionFriday, August 7, 2026
Northwire
LMR 0.120 +0.0% STND 0.072 +3.6% ASE 0.900 +4.7% YGT 0.180 +0.0% SMY 0.200 −9.1% STS 0.215 −2.3% HSTR 1.88 +1.6% CTG 0.110 +0.0% WDO 32.00 +3.9% RSM 0.305 +0.0% NGEX 26.92 −0.1% LUNR 20.90 +0.3% UCU 3.26 −5.2% ELR 0.430 +1.2% LUG 86.70 +0.2% GAU 2.73 +1.5% LMR 0.120 +0.0% STND 0.072 +3.6% ASE 0.900 +4.7% YGT 0.180 +0.0% SMY 0.200 −9.1% STS 0.215 −2.3% HSTR 1.88 +1.6% CTG 0.110 +0.0% WDO 32.00 +3.9% RSM 0.305 +0.0% NGEX 26.92 −0.1% LUNR 20.90 +0.3% UCU 3.26 −5.2% ELR 0.430 +1.2% LUG 86.70 +0.2% GAU 2.73 +1.5%
Production / Operations Routine +

South Star Achieves Graphite Purchase Order Milestone

South Star Battery’s first bulk graphite shipment validates ramp-up, though cash runway remains critically short.

Executive Summary

South Star Battery Metals Corp. (STS) announced the receipt of a 36-tonne purchase order for graphite concentrate from its Santa Cruz mine in Brazil. The order follows successful laboratory analysis of representative flake and fines samples shipped in June and July 2026. The first bulk shipment is scheduled for dispatch in the week of the release.

The buyer has confirmed the concentrate meets required quality specifications and is currently testing additional sample fines. Management notes the buyer is interested in future purchases, with discussions ongoing. The company explicitly states the sale is not material to its financial position but marks a significant milestone on the path to revenues.

Material Impact

South Star Battery Metals Corp. (STS) has issued a purchase order for 36 tonnes of material, an expected incremental step following the first sample shipments announced in June 2026. At an estimated market price of $1,000–$2,000 per tonne, the order represents roughly $36,000–$72,000 in revenue, which is immaterial to the company's balance sheet or near-term cash flow. The announcement aligns with the previously communicated ramp-up timeline and operational updates from May and June 2026. While the news validates the plant's commissioning progress and product quality, it does not alter the company's capital requirements or liquidity profile.

STS · Price
Company Overview

South Star Battery Metals Corp. (STS) is a graphite developer focused on the Santa Cruz Graphite Mine in Brazil. The company’s flagship project is transitioning from commissioning to commercial production. The plant produces 95% carbon grade flake graphite concentrate.

Near-term operational targets focus on stabilizing filtration, optimizing the grinding circuit, and scaling to 5,000 tpa of concentrate production. Long-term plans include an expansion to 10,000 tpa and potentially 50,000 tpa, contingent on financing and feasibility studies.

Read the original news release →

More from South Star Battery Metals Corp.