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Focus Graphite Inc V.FMS.WT


Primary Symbol: V.FMS Alternate Symbol(s):  FCSMF

Metals & Mining Industrial Metals & Minerals Graphite
Focus Graphite Inc. is a Canada-based advanced exploration company. The Company is engaged in the exploration and development of deposits of flake graphite located in Quebec, Canada. Its projects are Lac Knife and Lac Tetepisca projects. Lac Knife project is a high-grade crystalline flake graphite deposit located in northeastern Quebec, approximately 27 kilometers (km) south of Fermont. The property consists of approximately 57 mining claims covering 29,863 hectares. Lac Tetepisca project comprises two properties, Lac Tetepisca and Lac Tetepisca Nord. These properties are located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, approximately 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of St. Lawrence River in the Cote-Nord, Quebec. Its properties form a block of approximately 115 claims, covering 6,000 hectares within the Manicouagan-Ouest Graphitic Corridor.


TSXV:FMS - Post by User

Focus Graphite Inc
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Post by 1silverboyon Aug 10, 2019 8:52am
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Post# 30014148

graphite market is changing

graphite market is changing
Berkwood has a resource of Graphite that is used in car batteries. 

China’s graphite imports are now up 2000% over the last 18 months

 
 
 

 

 

 

 

 

China continues to ramp up natural graphite imports to meet rising domestic demand from its lithium-ion battery sector.

According to Roskill, monthly imports are now up 2000 per cent since the end of 2017, with almost all new supply coming from Mozambique and Madagascar.

Prior to the end of 2017 China imported less than 1000 tonnes a year. In May 2019 imports exceeded  22,000t.

China has significant resources of battery-grade graphite, Roskill says, but many of the deposits being exploited are getting deeper and more expensive to mine.

“Coupled with rising environmental costs and other costs of production, China is looking increasingly to foreign sources of supply, ....,” Roskill says.

By Reuben Adams of Roskill

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