Business
Mason Graphite Shares Industrial Minerals Article Explaining Impact of Tesla's New Plans on the Graphite Market: Need of 6-9 New Graphite Mines and Potential 37% Increase in Natural Flake Graphite Demand by 2020
MONTREAL , March 10, 2014 /CNW/ - Mason Graphite Inc. ("Mason Graphite" or the "Compan...
About this update from Transoceanic Investments Inc.
[{"type":"text","content":"\n\n\nMONTREAL, March 10, 2014 /CNW/ - Mason Graphite Inc. (\"Mason Graphite\" or the \"Company\") (TSXV: LLG) (OTCQX: MGPHF) invites\n investors to read an article published by Industrial Minerals, one of\n the most credible sources of graphite intelligence, explaining the\n impact of Tesla's new plans on the graphite market.\n\n\nUS automotive giant, Tesla, revealed plans to build a new $5 billion\n lithium-ion battery factory forecasted to reach production in 2017.\n According to Industrial Minerals (IM), the output of this new factory\n would more than double the size of the current market and the graphite\n industry would likely be the beneficiary of this growth. In IM's\n calculations, demand for natural flake graphite could increase by 37%\n by the year 2020, requiring equivalent production from six to nine new\n graphite mines.\n\n\nPlease follow this link to read the full article on Industrial Minerals'\n website: http://bit.ly/1nAt8IW\n\n\nStay Connected: Twitter: @MasonGraphite Facebook: /MasonGraphite \n\n\nThis press release contains \"forward-looking information\" within the\n meaning of applicable Canadian securities legislation, including,\n without limitation, statements regarding the potential impact of\n Tesla's plans on the graphite market.  Generally, forward-looking\n information can be identified by the use of forward-looking terminology\n such as \"plans\", \"expects\" or \"does not expect\", \"is expected\",\n \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does not\n anticipate\", or \"believes\", or variations of such words and phrases or\n state that certain actions, events or results \"may\", \"could\", \"would\",\n \"might\" or \"will be taken\", \"occur\" or \"be achieved\". Forward-looking\n information is subject to known and unknown risks, uncertainties and\n other factors that may cause the actual results to be materially\n different from those expressed or implied by such forward-looking\n information, including but not limited to general business, economic,\n competitive, geopolitical and social uncertainties. Although Mason\n Graphite has attempted to identify important factors that could cause\n actual results to differ materially from those contained in\n forward-looking information, there may be other factors that cause\n results not to be as anticipated, estimated or...