Business
Graphite One Achieves High Purity Of 99.2% Graphite on First Test
(via Thenewswire.ca) APRIL 29, 2013 - Calgary, Alberta - Graphite One Resources Inc. (GPH: ...
About this update from Graphite One Inc.
[{"type":"text","content":"\nGraphite One Achieves High Purity Of 99.2% Graphite on First Test\n\n(via Thenewswire.ca)\n\n \nAPRIL 29, 2013 - Calgary, Alberta - Graphite One Resources Inc. (GPH: TSX-V; GPHOF: OTCQX) (\"Graphite One\" or the \"Company\") is pleased to announce that a first pass beneficiation test at Activation Laboratories Ltd. (\"ActLabs\"), Thunder Bay, Ontario, demonstrated a leaching process capable of producing a high purity of 99.2% graphitic carbon (Cg) from a rough concentrate. Metallurgical test work from Graphite Creek material is ongoing to develop a simple concentration and leaching process to produce an ultra-high purity (99.9% Cg) graphite product.\n\n\n \nSpherical graphite is used to make the anodes in Lithium-Ion batteries and is manufactured from the flake concentrate produced by graphite mining operations. Natural graphite produced from mining typically has recoveries from 70 per cent to 90+ per cent graphitic carbon, whereas synthetic graphite is usually greater than 99 per cent. With initial tests from Graphite Creek showing recoveries above 99 per cent, the Company hopes to be positioned to compete in the $13-billion (1.5 million tonnes annually) synthetic market. Anthony Huston stated \"The Graphite Creek Property is the largest known flake graphite deposit in North America and we look forward to continuing to develop marketable graphite products to meet the global graphite demand, which is growing rapidly\".\n\n\n \nThe Graphite Market\n\n\n \nChina currently produces approximately 70% of the world's graphite (world production is approximately 1,100,000 tonnes of which 400,000 is flake graphite) and has recently restricted exports by instituting an export tax. As well, the Chinese government has banned any new graphite plants and imposed strict environmental regulations on existing plants in Qingdao. A state owned amorphous graphite monopoly has been formed which will consolidate 210 amorphous graphite mines down to 20 and will reduce production capacity from 600,000 to 510,000 tonnes per year. The implementation of these new rules and standards will make graphite mines much more difficult to build and/or operate in China. Recently, South Graphite, which was formed in 2011 to consolidate all the amorphous graphite resources in Hunan, China (which is the world's largest graphite producer) and has a total production c...