RS Mines plans to go public, updates on graphene projects

In June 2014, we reported that Bora Bora Resources agreed to acquire up to 40% in Sri Lanka’s RS Mines – a graphite miner and graphene oxide producer. Today RS Mines told us that that agreement was terminated (by RS Mines).

RS Mines plans to list on the Australian Stock Exchange directly (via a new company called Global Graphene Technologies). The listing will facilitate the development of the graphite resource (the Queen’s Mine) in Sri Lanka – and also to initiate several graphene and graphite-related subsidiaries – mainly in the fields of energy storage devices and GO production.