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Catchthehopperon Apr 21, 2017 2:40am
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News
NewsFrom the recent Swiss Resource Capital newsletter:
Alabama Graphite: Research Partnership with United States Department of Energy’s Oak Ridge National Laboratory A couple of days ago, Alabama Graphite announced, that the Company’s 100% wholly owned subsidiary — Alabama Graphite Company, Inc. (“AGC USA.”), a corporation registered in the state of Alabama, USA — has entered into a research partnership with the United States Department of Energy’s Oak Ridge National Laboratory (“ORNL”) of Oak Ridge, Tennessee, USA. The Company is working with ORNL’s lithium-ion battery team, under the laboratory’s Sustainable Transportation Program. AGC USA will be applying for DOE grants and other US-based research-and-development funding initiatives, having ORNL as the participating laboratory.
ORNL’s Li-ion battery team’s internal initiative is three-fold:
1.) Reduce battery costs;
2.) Increase energy capacity; and
3.) Promote domestic production of Li-ion batteries and the related supply chain.
Therewith, Alabama Graphite not only secures research expertise, but also access to important subvention funds.
Source: https://www.resource-capital.ch/en/infothek/newsletter-archiv.html