NEW YORK, September 13, 2017 /PRNewswire/ --
A report published by Variant Market Research, projects that the global Lithium-ion battery market will reach an
estimated $56 billion in value by 2024, and growing at a CAGR of 10.6% from 2016 to 2024. Li-ion batteries are now
widely implemented as the power or energy source for a wide variety of products, including portable electronics and electric
vehicles. Each lithium-ion (Li-ion) battery is a complicated assembly of materials. According to a research report by
Roskill, battery cell assembly requires a complex supply chain of largely unrelated product groups, where nonferrous
minerals such as lithium, graphite, cobalt, and nickel are used. Global Li-Ion Graphite Corp (CSE: LION), Mason
Graphite Inc. (OTC: MGPHF), Graphite One Resources Inc. (OTC: GPHOF), Panasonic Corporation (OTC: PCRFY), Northern Graphite
Corporation (OTC: NGPHF).
The rechargeable batteries for the electric vehicle market, which Tesla is a significant part of, contributes significantly to
the graphite market. "Our cells should be called Nickel-Graphite, because primarily the cathode is nickel and the anode side is
graphite with silicon oxide [there's] a little bit of lithium in there, but it's like the salt on the salad," explained
CEO Elon Musk, according to Benchmark Mineral Intelligence. "The main determinants on the cost of the cell are the price of
the nickel in the form that we need it and the cost of the synthetic graphite with silicon oxide coating."
Global Li-Ion Graphite Corp (CSE: LION) listed on the Canadian Stock Exchange under the Ticker 'LION'. Earlier
today the company announced breaking news that it has entered into a memorandum of understanding (the "MOU") with Avana Resources
Limited ("Avana") to acquire a 100% interest in Avana's graphite interests in Madagascar;, the
project comprises 3 mining exploitation licenses totaling 4,375 hectares (10,811 acres), in the vicinity of Andasibe in Toamasina
Province in Madagascar (collectively, the "Property").
The Madagascar Graphite project has been in operation on and off for the last century and is reported to have produced a
combined approx. 18,000 tons of graphite oxide between 1998 and 2008 ( P.G. Ringdahl report 2008
and Wardell Armstrong report 2014) from small private artisanal surface mining operations, after
which time the owner/ operators retired. The project's land and operating permits have been kept in good standing and are up to
date. A recent draft 43-101 report (Wardell Armstrong 2014) reports "an average run of mine (ROM)
of 12% Graphite with first stage onsite flotation producing a 73% concentrate." Both reports indicate the presence of large flake
graphite (+80# mesh).
Company President Jason Walsh commented, "We are particularly excited to have the opportunity
to acquire these advanced assets as we believe we can bring them back into production in fairly short order given their history
and infrastructure, providing the requisite economical and technical evaluations support a production decision. We look forward
to working with Avana's very experienced team on the ground in Madagascar in our efforts in
making LION a leading provider of Graphite Oxide for the rapidly growing energy storage market." The Company is confident that
working with the Avana team, which has extensive minerals, mining and project management experience in Madagascar will provide LION the necessary skill and expertise to achieve our stated goals.
About the Malagasy Graphite Property - The three mining exploitation licenses that comprise the Project are located in the
vicinity of Andasibe in Toamasina Province in Madagascar, near the major Ambatovy nickel/cobalt
laterite open pit project which is about 20 km to the southwest. The nearest seaport is Toamasina, Madagascar's main port, some 220 km by road.
The licenses total 4,375 hectares (10,811 acres). Graphite was produced on the licenses for roughly a century from about 1910
but in recent years production has been mothballed as the family operators have chosen to retire. The production has been free
digging of lateritic ore and open pit mining access on hills, providing low cost exploitation without need for blasting. The
technical content of this news release was reviewed and approved by Glen Macdonald, P.Geo, who is
a Qualified Person within the meaning of NI 43-101."
Mason Graphite Inc. (OTCQX: MGPHF) is a Canadian mining and processing company focused on the development
of its 100% owned Lac Guéret natural graphite deposit located in north-eastern Québec. The Company is led by a highly experienced
team that has over five decades of experience in graphite production, sales, and research and development. Recently, the
company reported that NanoXplore Inc. is now a public company and its shares began trading on the TSX Venture
on September 8, 2017. Management of Mason Graphite sees definite potential for growth in NanoXplore and
a lot of synergies in the partnership in place. Mason Graphite is the sole supplier of graphite
to NanoXplore and is also a sales, marketing and distribution agent.
Graphite One Resources Inc. (OTCQB: GPHOF) is exploring, with the intent to develop its Graphite One Project, whereby
the Company could potentially become the dominant American producer of high grade Coated Spherical Graphite that is integrated
with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture
high grade CSG primarily for the electric vehicle lithium-ion battery market. Graphite mineralization mined from the Company's
Graphite Creek Property, situated on the Seward Peninsula about 55 kilometers north of
Nome, Alaska, would be processed into concentrate at a mineral processing plant to be located
adjacent to the mine. The graphite concentrate would be shipped to the Company's proposed product manufacturing facility where
CSG and other value-added graphite products would be manufactured.
Panasonic Corporation (OTC: PCRFY) on April 27 announced that it held an opening ceremony for a new
automotive lithium-ion battery factory in Dalian, China. The factory is Panasonic's first
automotive battery cell production site in China. Panasonic will further strengthen its global
competitiveness in the automotive battery industry by the establishment of production sites in Japan, the United States, and China. With
this new factory in China, Panasonic establishes a global battery cell production system for
eco-friendly vehicles. Panasonic has provided automotive lithium-ion batteries to a number of auto manufacturers on a global
basis and is leading the automotive battery market.
Northern Graphite Corporation (OTCQX: NGPHF) is a Canadian company that has a 100% interest in the Bissett Creek
graphite deposit located in southern Canada, relatively close to all required infrastructure.
Bissett Creek is an advanced stage project that has a Full Feasibility Study and its major environmental permit. Recently, the
company reported that the price of large flake graphite has increased by approximately 30 per cent over the last couple months
and is again selling for over US$1,000/tonne, FOB China. European and North American prices are
generally US$50-100/tonne higher. XL flake prices have also risen significantly while smaller flake
sizes have experienced more moderate price increases. Gregory Bowes, Chief Executive Officer,
commented that; "While it is still early, this is hopefully the start of the same upward price trend experienced by the other
lithium ion battery ("LiB") minerals, lithium and cobalt. Northern is very well positioned to benefit with an advanced stage XL
flake deposit and a proprietary purification technology that offers an alternative to the Chinese process which is creating
environmental issues."
Please Sign Up Now at http://www.FinancialBuzz.com to Receive Alerts
on Trending Financial News from all these companies. 'The Latest Buzz in Financial News'
Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News,
Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews. A pioneer in the financially driven digital space, video production and integration of social media,
FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination,
branding, marketing and advertising for third parties for corporate news and original content through our unique media platform
that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial
Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not
undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided
[exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into
media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials
for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the
information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting
high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com
does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along
with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our
unique financial newswire and media platform. For this release, FinancialBuzz.com expects to be compensated four thousand dollars for financial news dissemination and PR services by global li-ion graphite
corp. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this
editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon
engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any
compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any
of the information on the editorial or Site or continue to post information about any companies the information contained herein
is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a
recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security.
FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on
this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or
in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent
research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing
this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended
from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase,
hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor.
This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular
security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and
tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions.
We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to
change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not
guaranteed. For our full disclaimer, disclosure and Terms of Use, Please visit: http://www.financialbuzz.com.
For further information:
Media Contact: info@financialbuzz.com
+1-877-601-1879
URL: http://www.FinancialBuzz.com
SOURCE FinancialBuzz.com