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Leading Edge Materials Completes Ultra High Purity Graphite Anode Testwork Program on Woxna Graphite

Metallurgy & Processing

Leading Edge Materials Completes Ultra High

Purity Graphite Anode Testwork Program on

Woxna Graphite

VANCOUVER

,

Jan. 18, 2019

/CNW/ -

Leading Edge Materials Corp.

("

Leading Edge Materials

"

or the

"Company

") (

TSXV: LEM

) (

Nasdaq First North: LEMSE

) (

OTCQB: LEMIF

) is pleased to

provide a summary of test work conducted on graphite from the Company's 100% owned Woxna

mine in

Sweden

during 2018. With the test program complete, Leading Edge Materials will now

progress to an engineering study supporting the installation of a Battery Graphite Demonstration

Plant at the Woxna site. This demonstration plant, when installed, will enable process conditions to

be optimized and larger volumes of natural graphite anode material to be supplied to prospective

lithium ion battery customers.

Woxna is a fully constructed mine, with all processing, waste management and infrastructure in

place. During 2017, Woxna was granted an extension to its operating license until 2041.

During 2018, Leading Edge Materials completed research and development test work to enable

comparison of graphite process alternatives and support the design of a Battery Graphite

Demonstration Plant. Following a review of test work outcomes, the Leading Edge Materials Board

of Directors have approved completion of an engineering study to prepare for installation of the

demonstration plant at the Woxna facility.

Leading Edge Materials market research amongst lithium ion battery manufacturers has shown a

substantial range of product purity, particle size distribution and price expectations. As a result, a

high degree of process flexibility will be required to meet customer demands both now and as the

European lithium ion battery industry matures. The Battery Graphite Demonstration Plant is being

designed to ensure that samples will meet the specifications of customers in the battery and other

specialty graphite consuming industries.

The engineering study includes engagement with equipment suppliers to detail cost and ensure

scalability of key equipment. Operating parameters for the demonstration plant include:

thermal purification capacity up to 100kg's per day

spheronising capacity up to 250 kg's per day

laboratory equipment to facilitate in house analysis of products

Blair Way

, President and CEO, stated "

Our graphite processing research during 2018 has

delivered the dataset needed to progress to the design of the Woxna Battery Graphite

Demonstration Plant. The demonstration plant will allow us to optimize flowsheets before

committing to mine-scale investments, bring processing expertise in house, and enable deeper

customer engagement through the supply of hundreds of kilograms of natural graphite anode for

in-line testing and qualification."

R&D Program Results

Ultra High Purity Graphite

Following graphite purification test work completed in early 2017, the Company engaged an

independent European laboratory to complete a comparative thermal purification program on

graphite from Woxna to define optimum time and temperature scenarios. Test work was designed

to achieve ultra high purity with the lowest possible energy requirements.

The test program demonstrated a close relationship between furnace temperature, purity, and

sample mass, with a lower impact from heating duration. Table 1 below demonstrates time and

temperature relationships where an upper purity of 99.998%C was achieved from an original 92%C

feed. The process is highly selective, and at operational scale the exact purity requirements of

individual customers will be achievable at the lowest possible cost. Cost effective selective purity

will enable Leading Edge Materials to access not only anode customers but other graphite markets

including graphene, insulation and conductive inks.

Purification of natural graphite to battery anode grade is traditionally undertaken in

China

by

chemical leaching. This process emits substantial waste streams that require treatment or disposal

that creates a potential future legacy for the lithium ion battery industry. Furthermore, purity above

99.95% carbon is challenging to achieve with chemical leaching, which limits the capacity of natural

graphite to compete on performance with the synthetic graphite currently favored by the automotive

battery industry. Thermal purification, as proposed by Leading Edge Materials, utilizing low cost,

low carbon emission hydroelectric power is a sustainable and cost-effective way to purify natural

graphite to levels comparative with synthetic graphite. Research indicates that ultra-high purity

natural graphite can be a lower cost and lower carbon footprint substitute for Chinese manufactured

synthetic graphite.

Figure 1: % Graphitic Carbon Content Achieved in 2018 Thermal Test Program

TEMPERATURE

LOWER

HIGHER

TIME

SHORTER

99.950

99.994

99.995

99.998

98.270

98.610

99.973

99.996

99.998

96.830

98.350

98.990

99.986

99.997

LONGER

98.330

99.470

Spheronising

As previously reported (

Oct 22, 2018

) the Company has undertaken a range of spheronising test

programs during 2018. Four independent service providers were engaged to undertake tests

utilizing spheronising equipment of three different styles. Test programs were designed to measure

the capacity of each equipment to produce the particle size distribution profile essential for anode

battery materials, and to achieve the highest possible recovery to anode.

The test work undertaken during 2018 demonstrated the operational merits of the various

equipment, achieved recovery from 43% to 71%, and provided D50 size ranges from 15-25 micron

with D10 ranges of 7-12 micron and D90 from 28-35 micron. These ranges meet specifications

provided by potential customers.

Qualified Person

The technical content of this release has been reviewed and approved by Mr.

Blair Way

, B.Sc.

(Geology) M.B.A., a Fellow of the Australasian Institute of Mining and Metallurgy, the Company's

President and CEO and a Qualified Person as defined by National Instrument 43-101.

On behalf of the Board of Directors,

Leading Edge Materials Corp.

Mr.

Blair Way

, President and CEO

About Leading Edge Materials

Leading Edge Materials is a Canadian public company focused on production of high value critical

raw materials for the European market, with an operating base in the Nordic region, a region well

recognized for its promotion and investment in innovation. LEM's flagship asset is the Woxna

Graphite production facility located in central

Sweden

targeting the supply of specialty materials for

lithium ion battery production. LEM's assets and research focus are towards the raw materials for

Li-ion batteries (graphite, lithium, cobalt); materials for high thermal efficiency building products

(graphite, silica, nepheline); and materials that improve the efficiency of energy generation

(dysprosium, neodymium, hafnium). Investments are linked to the global shift to low-carbon energy

generation and energy storage. Leading Edge Materials currently operate in four divisions, Graphite,

Lithium, Rare Earth and Cobalt.

Additional Information

Leading Edge Materials is listed on the TSXV under the symbol "LEM" and Nasdaq First North

Stockholm under the symbol " LEMSE". Mangold Fondkommission AB is the Company's Certified

Adviser on Nasdaq First North and may be contacted via email

[email protected]

or by phone +46

(0) 8 5030 1550.

Reader Advisory

This news release may contain

statements which constitute "

forward-looking information

",

including statements regarding the plans, intentions, beliefs and

current expectations

of the

Company, its directors, or its officers with respect to the future business activities of the Company.

The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate",

"expect" and similar expressions,

as

they relate to the Company, or its management, are intended

to identify such forward-looking statements. Investors are cautioned that any such forward-looking

statements are not

guarantees of future

business activities and

involve risks

and

uncertainties

,

and

that

the Company's future business activities

may

differ

materially from those

in the forward-

looking

statements

as a result of various factors, including,

but not limited to,

fluctuations in market

prices, successes of the operations of the Company, continued availability of capital and financing

and general economic, market or business

conditions

. There can be no assurances that such

information

will prove accurate and, therefore, readers are advised to rely on their own evaluation

of such uncertainties. The Company does not assume

any obligation to update any forward-looking

information except as required

under the applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of

this news release.

SOURCE

Leading Edge Materials

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2019/18/c8651.html

%SEDAR: 00031410E

For further information:

please contact the Company at: 1.604.685.9316,

[email protected], www.leadingedgematerials.com

CO: Leading Edge Materials

CNW 08:30e 18-JAN-19