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Graphite One Reports Results On Multiple Product Lines For Its Alaska Graphite Material And Provides Update On Annual Meeting Of Shareholders
Independent Test Work Identifies a Range of Targeted End-Uses including: Anode materia...
About this update from Graphite One Inc.
[{"type":"text","content":"Graphite One Reports Results On Multiple Product Lines For Its Alaska Graphite Material And Provides Update On Annual Meeting Of ShareholdersIndependent Test Work Identifies a Range of Targeted End-Uses including:Anode material for advanced Lithium-ion batteriesMicronized graphite for conductivity enhancement applicationsHigh-purity graphite-based coatingsIndustrial synthetic diamondsFire retardant/fire suppressant foamsResults are anticipated to Inform Pre-Feasibility Study, Expected for Completion in Fall 20202020 Annual Meeting of Shareholders PostponedVANCOUVER, BC / ACCESSWIRE / May 13, 2020 / Graphite One Inc. (TSXV:GPH)(OTCQB:GPHOF) (\"Graphite One\" or the \"Company\") announced today that preliminary test work performed by Graphite One's independent industrial partner (\"IPP\") at an independent industrial laboratory using graphitic material from the Company's Graphite Creek project indicates potential additional products as a complement to the Company's primary focus on EV Batteries/Energy Storage Systems, including high-purity coatings, industrial synthetic diamonds, and fire retardant/fire suppressant foams. Test work also indicates that the non-graphite \"impurities\" in the graphitic material contain critical minerals that, like graphite itself, are on the U.S. Government Critical Minerals List.\"This demonstration work is a welcome indication of the versatility of the graphite hosted in the Company's deposit,\" said Anthony Huston, President & CEO of Graphite One.Data generated from these tests are anticipated to inform the Graphite One pre-feasibility study (\"PFS\"), which, despite being slowed by the global COVID-19 pandemic, is now expected to be released in Fall 2020. No additional field work is required to complete the PFS.The U.S. Government placed natural graphite on its 2018 Critical Minerals List of materials critical to the national economy and national security of the United States. The United States currently has no domestic natural graphite production and is 100% reliant on imports. China produces 70% of the world's natural graphite supply.[1] According to the authoritative US Geological Survey report, Critical Mineral Resources of the United States (2017): \"Graphite is considered a critical and strategic mineral because of its essential applications in the aerospace and energy sectors (such as ...