Business
Stem 7 Capital Announces First Focus On Brazilian Graphite
(via TheNewswire) June 12 th , 2017 / TheNewswire / Vancouver, B.C. - Stem 7 Capital...
About this update from South Star Battery Metals Corp
[{"type":"text","content":"Stem 7 Capital Announces First Focus On Brazilian Graphite(via TheNewswire)\n\n \nJune 12th, 2017 / TheNewswire / Vancouver, B.C. - Stem 7 Capital Inc. (\"Stem 7\" or the \"Company\") (TSXV: STS.H) is pleased to inform shareholders on the Company's decision that the initial focus of its Brazil initiative will be on the expanding global graphite industry. \n\n\n \nStem 7's two newest directors, Eric Allison and Allen Ambrose, both geologists, have extensive experience in Latin America and, specifically, Brazil with over sixty-five years of combined project evaluation and development experience. Messrs. Allison and Ambrose are focused on a specific graphite producing region of Brazil that could yield several potential graphite opportunities based on further due diligence planned over the coming weeks.\n\n\n \nMr. Allison commented \"I am excited that Stem 7's board agrees that graphite is a strong first area of concentration for the Company's recently announced (June 1, 2017) Brazil-focused strategy. With industry analysts reporting global demand for graphite is expected to increase significantly over the next five years, the Company is presented with a strong window of opportunity to review and potentially acquire graphite assets for near term development. Though not intended as the Company's sole focus for mining opportunities, the graphite industry is undeniably an excellent sector to focus on first to maximize shareholder value.\"\n\n\n \nSome points on the graphite sector for shareholders to consider:\n\n\n \n\n\n--Graphite has been deemed a critical strategic metal by the U.S. Department of Energy and critical raw material by the European Union. \n\n\n\n \n \n\n\n--Many analysts expect a major increase in demand for purified spherical graphite for use in the rapidly-growing Lithium-ion battery (\"Li-B\") sector. Corporate giant Panasonic is forecasting the Li-B sector to grow from US$10 billion to $60 billion by 2025. Each Li-B contains 20 to 30 times more graphite than lithium. \n\n\n\n \n \n\n\n--Traditional graphite markets (non-Li-B) represent the largest market opportunity for natural graphite in the medium term. Graphite use in electric arc steel production (recarburisers), foundries, refractories, lubricants and friction products represents about 86% of current market demand. These markets are projected to grow 5-10% ...