Quantum Graphite Limited is an Australia-based company that is engaged in the exploration and mining of graphite deposits in South Australia and the manufacture of high-grade flake graphite products. The Company is the owner of the Mikkira Graphite Deposit located on the Eyre Peninsula, South Australia. The Company’s Uley 2 Project is located on the Eyre Peninsula, South Australia, approximately 20 kilometers west-south-west of Port Lincoln. The Uley Graphite Project consists of a fully permitted mining operation with five contiguous mining tenements. Its Uley 2 processing plant produces a minimum of approximately 55,000 tons of high purity coarse flake. The Uley mine produces high purity coarse flake graphite with a product mix serving a number of thermal applications, including refractories and oil and gas drilling fluids.