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Focus Graphite Inc V.FMS

Alternate Symbol(s):  FCSMF

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

Post by goldennorthon Apr 10, 2023 1:27pm
112 Views
Post# 35386964

Graphite Demand Is Extremely Impressive

Graphite Demand Is Extremely ImpressiveThe reality is that the demand for Graphite is extremely impressive.

Benchmark sees demand for graphite over the next decade growing at an annual compound rate of 10.5% but supply will lag, expanding at only 5.7% per annum, despite a trend of supply diversification, particularly new mining projects coming in stream in Africa.

"The total bill for mining, refining, chemicals, battery production and gigafactories came to $3.4 trillion, Tesla said. The biggest mining and refining investments required by Tesla’s plan are needed for lithium ($374 billion) and graphite ($282 billion).

https://source.benchmarkminerals.com/article/teslas-master-plan-may-underestimate-scale-of-mining-investment

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