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Graphite One Comments on White House Defense Directive Designating Graphite as "essential to National Defense"
Graphite One Comments on White House Defense Directive Designating Graphite as "essential...
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[{"type":"text","content":"\n \n \n \n Graphite One Comments on White House Defense Directive Designating Graphite as \"essential to National Defense\"\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Graphite elevated into select group of \"super-critical minerals\" after receiving DPA Title III designation\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 1, 2022\n \n \n /CNW/ -\n \n Graphite One Inc.\n \n (TSXV: GPH) (OTCQX: GPHOF)\n \n (\"Graphite One\" or the \"Company\")\n \n offers the following comments on President\n \n Joe Biden's\n \n announcement today that graphite and other critical battery materials are designated as \"essential to national defense\" under the Defense Production Act (DPA) of 1950.\n \n \n \n \n \n \n \n \n \n Graphite and other battery minerals – lithium, manganese, cobalt and nickel – join rare earth materials the only U.S. Government-listed Critical Minerals eligible for the comprehensive support provided by the DPA. Unlike Presidential Executive Orders, designations under the DPA, first passed during the Korean War, carry the full force of U.S. federal law.\n \n \n \"With this new defense designation under U.S. law, graphite joins a select group of 'super-critical minerals' that are essential to commercial technology and national security applications,\" said\n \n Anthony Huston\n \n , CEO of Graphite One.  \"This action by President Biden validates Graphite One's strategy of creating a full supply chain for advanced graphite materials located in\n \n the United States\n \n .\"\n \n \n According to the Department of Defense, the (DPA) \"provides the P...