Business
Graphite One and Lucid Supply Agreement Announced at U.S. Capitol Briefing
Graphite One and Lucid Supply Agreement Announced at U.S. Capitol Briefing Canada NewsW...
About this update from Graphite One Inc.
[{"type":"text","content":"\n\n\n\n Graphite One and Lucid Supply Agreement Announced at U.S. Capitol Briefing\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Graphite One-Lucid agreement marks the first step in a 100% U.S.-based supply chain linking\n \n Alaska\n \n ,\n \n Ohio\n \n and\n \n Arizona\n \n\n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n July 29, 2024\n \n\n /CNW/ -\n \n Graphite One Inc.\n \n (TSXV: GPH) (OTCQX: GPHOF)\n \n (\"Graphite One\", \"G1\" or the \"Company\"),\n \n planning a complete domestic U.S. supply chain for advanced graphite materials, took part on\n \n July 25, 2024\n \n in a briefing held at the U.S. Capitol announcing a non-binding supply agreement (\"Supply Agreement\") with Lucid (NASDAQ: LCID), maker of the world's most advanced electric vehicles, for anode active materials (AAM).\n \n\n\n\n\n\n\n\n\n\n Creation of an\n \n Alaska\n \n –\n \n Ohio\n \n – Arizona Supply Chain\n \n\n\n Senators and Members of the House of Representatives underscored the significance of the Graphite One-Lucid agreement:\n \n\n \"I'm pleased that Graphite One and Lucid Motors are partnering to create a domestic supply chain for electric vehicles made in America from materials mined in\n \n Alaska\n \n ,\"\n \n Senator\n \n Lisa Murkowski\n \n (R-AK)\n \n said\n \n .\n \n \"These companies represent the start and the end of the supply chain, and they have the right vision to help strengthen our economy, our competitiveness, our security, and our commitment to true sustainability. Graphite One is an excellent example of responsible resource development in\n \n Alaska\n \n , and this new partnership with Lucid only further solidifies their leadership.\"\n \n\n Graphite One's partnership with Lucid Motors is a positive step towards opening up opportunities in\n \n Alaska\n \n to develop our abundant reserves of critical minerals and metals like graphite,\" said\n \n Senator Dan Sullivan (R-AK).\n \n \"It's also significant for our country's national security: We must end America's danger...