Graphite Corp. (GRPH) Could Help USA Off-Set China's Pull Back of Graphite Shipments

NEW YORK, NY -- (Marketwire) -- 01/08/13 -- Graphite Corp (OTCQB: GRPH) has announced its potential to extract over 7 million tons of graphite from their Alabama property based on assessments from the US Bureau of Mines data. This could help offset the closure of graphite mines in China, where currently 75% of the world's graphite is being produced.

Graphite Corp. as well as other start up exploration companies like USA Graphite Inc. (OTCQB: USGT), National Graphite (PINKSHEETS: NGRC) and Focus Graphite (PINKSHEETS: FCSMF) are all focusing on the impending potential void of graphite as overseas production slows and technological uses from graphite ramps up.

Graphite Corp. (GRPH) appears to be in a strong position with historical data pointing to deposits of graphite throughout its property in Alabama. As GRPH production potentially begins, the company could see immediate revenue from high grade graphite being processed domestically in the USA.

Graphite Corp. is a company exclusively focused on the exploration and development of one of the greatest success stories in recent mining history -- the Graphite mining sector. Targeting graphite-bearing properties in the United States, the Company is positioned to emerge as a leading pure-play exploration company through the development of its strategic land positions in Alabama and Montana, the heartland of America's most significant graphite resource. For more information on Graphite Corp. visit www.graphite-corp.com

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