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Leading Edge Materials Signs Letter of Intent With Graphmatech AB To Develop Graphene Production Joint Venture in Sweden
Leading Edge Materials Signs Letter of Intent With Graphmatech AB To Develop Graphene Prod...
About this update from Leading Edge Materials Corp.
[{"type":"text","content":"\n\n\n\nLeading Edge Materials Signs Letter of Intent With Graphmatech AB To Develop Graphene Production Joint Venture in Sweden\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{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 3, 2018\n\n\n\nVANCOUVER, Oct. 3, 2018 /CNW/ - Leading Edge Materials Corp. (\"Leading Edge Materials\") or (\"the \"Company\") (TSXV:LEM) (Nasdaq First North: LEMSE)  (OTCQB: LEMIF) is pleased to report the signing of a non-binding Letter of Intent (\"LOI\") with private Swedish company Graphmatech AB (\"Graphmatech\").  The LOI defines a pathway to form a binding Joint Venture (\"the Joint Venture\") between the companies to produce graphene at Leading Edge Material's Woxna graphite mine.\n\n \n \n\n \nGraphmatech has developed Aros Graphene®, which prevents the agglomeration of graphene flakes.  Aros Graphene® can be therefore be mixed into metals, polymers and fluids without the loss of graphene's thermal, mechanical and electrical properties. Graphmatech co-develops products containing Aros Graphene® with industrial partners in the materials, energy, telecommunication and engineering sectors.\nLeading Edge Materials and Graphmatech have independently produced graphene as proof of concept from Woxna graphite.  Following additional research, the Joint Venture envisages co-investment in the scale up of graphene production using Woxna graphite, to supply both Graphmatech and third parties should surplus material be available.  It is anticipated that the Woxna mine site will be the operating location, using proprietary graphite pre-treatment and exfoliation technology from Graphmatech.     \nThe volume of material contemplated under the LOI is commercially significant to both parties.  The prospective Joint Venture will provide Grap...