Graphite One Signs MOU Intent is to share expertise and technology for the design, construction, and operation of Graphite One's proposed U.S.-based anode production facility to ensure it is "purpose-built from Day One to the highest industry standards"
VANCOUVER, BC, April 6, 2022 /CNW/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One" or the "Company") has signed a memorandum of understanding ("MOU") with Sunrise (Guizhou) New Energy Material Co., Ltd. ("Sunrise"), a Chinese lithium-ion battery anode producer. The intent is to develop an agreement to share expertise and technology for the design, construction, and operation of Graphite One's proposed U.S.-based graphite material manufacturing facility. The plan for the materials facility – the second link in Graphite One's U.S. supply chain solution for advanced graphite products – will be detailed in the Company's prefeasibility study expected to be released in the first half of 2022.