Kingsland Advances Leliyn Graphite with Quinbrook Offtake and PFS Launch

Strategic Milestone for Leliyn Graphite

Kingsland Minerals Limited (ASX – KNG) has taken a significant step forward in developing its Leliyn Graphite Project in the Northern Territory, announcing the start of a Pre-feasibility Study (PFS) and collaboration with its binding offtake partner, Quinbrook Infrastructure Partners. This partnership focuses on testing Leliyn graphite concentrate as feedstock for producing purified spherical graphite, a critical component in lithium-ion batteries.

The PFS, approved by Kingsland’s board, follows encouraging results from a recent scoping study and aims to refine the economic and technical parameters of mining and processing the graphite resource. A key component of this phase is an infill drilling program planned for 2026, designed to upgrade a substantial portion of the inferred mineral resource into indicated and measured categories, thereby enhancing confidence in the project’s scale and viability.

Metallurgical Testing and Offtake Collaboration

Recently completed metallurgical drilling involved three diamond core holes totaling 379 meters, providing high-quality samples for detailed test work. These samples are currently undergoing crushing, grinding, and flotation tests to optimize graphite concentrate production. Importantly, Kingsland is supplying this material to Quinbrook, which will conduct parallel testing at its planned downstream processing facility in Darwin to produce spherical graphite suitable for battery applications.

This integration of upstream resource development with downstream processing capability positions Kingsland to potentially deliver a world-scale, long-life graphite project with a ready customer in Quinbrook. The binding offtake agreement underscores commercial confidence and aligns with growing demand for battery minerals amid the global energy transition.

Resource Scale and Exploration Upside

The Leliyn project boasts an indicated mineral resource of 12.3 million tonnes at 7.9% total graphitic carbon (TGC) and an inferred resource of 180.2 million tonnes at 7.2% TGC, containing approximately 14 million tonnes of graphite. Notably, only about 23% of the 18-kilometer strike length has been drilled, suggesting significant potential for resource expansion with further exploration.

Visual estimates from recent drilling indicate consistent mineralisation, although assay results are pending and expected by early 2026. Kingsland’s cautious approach ensures that downstream processing studies proceed only after confirming the economic viability of producing a high-quality graphite concentrate.

Environmental and Regulatory Progress

Alongside technical studies, Kingsland is advancing environmental assessments, including flora, fauna, and hydrological surveys, essential for formal approvals. The company is also progressing its mining lease application and engaging with the Northern Land Council to address native title considerations, reflecting a comprehensive approach to project development.

Financially, Kingsland recently raised $2.1 million through a capital raise and share purchase plan, providing funding to support the PFS, environmental studies, and infill drilling activities.

With these developments, Kingsland is positioning Leliyn not only as a significant graphite resource but also as a vertically integrated supplier capable of meeting the stringent requirements of the lithium battery supply chain.