Alabama Graphite Corp. Com ABGPF

RE:US Govt Report Documents Vulnerability to Rare Earth Supply

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Excerpt from report on Graphite:

GRAPHITE (NATURAL)

North America produced only 4% of the world’s graphite supply with production in Canada and Mexico. No production of natural graphite was reported in the United States, but two companies recently have been developing graphite projects in the United States. Alabama Graphite Corp. was developing the Coosa Graphite Project in Alabama, and Graphite One Resources Inc. was developing the Graphite Creek Project in Alaska.

One U.S. automaker was building a large plant to manufacture lithium-ion electric vehicle batteries. The plant’s completion was originally projected for 2020, but the project is about 2 years ahead of schedule. During July 2016, one-sixth of the plant was completed, and the first batteries were expected to be produced by the end of 2016. When the plant is complete, it will require 93,000 tons of flake graphite to produce 35,200 tons of spherical graphite for use as anode material for lithium-ion batteries.

Advances in thermal technology and acid-leaching techniques that enable the production of higher purity graphite powders are likely to lead to development of new applications for graphite in high-technology fields. Such innovative refining techniques have enabled the use of improved graphite in carbon-graphite composites, electronics, foils, friction materials, and specialty lubricant applications. Flexible graphite product lines, such as graphoil (a thin graphite cloth), are likely to be the fastest growing market. Large-scale fuel-cell applications are being developed that could consume as much graphite as all other uses combined.