Graphite One working with three EV producers and two US Division of Power labs

January 26, 2023 (Investorideas.com Newswire) Graphite One goals to grow to be the primary vertically built-in home producer to serve the nascent US electrical automobile battery market.

The corporate in April, 2022 introduced an MOU with Dawn New Power Materials Firm., a China-based lithium-ion battery anode producer.

The intent is to develop an settlement to share experience and expertise for the design, building and operation of Graphite One’s proposed US-based graphite materials manufacturing facility in Washington State — the second hyperlink in Graphite One’s deliberate US provide chain resolution for superior graphite merchandise.

The primary hyperlink is G1’s Graphite Creek Mine it’s creating in Alaska.

Situated on the Seward Peninsula, Graphite Creek in early 2021 was given Excessive-Precedence Infrastructure Challenge (HPIP) standing by the Federal Allowing Enchancment Steering Committee (FPISC). The HPIP designation permits Graphite One to checklist on the US authorities’s Federal Allowing Dashboard, which ensures that the assorted federal allowing businesses coordinate their evaluations of tasks as a method of streamlining the approval course of.

In different phrases, having HPIP implies that Graphite Creek will, imo, be fast-tracked to manufacturing. The US Geological Survey has cited Graphite Creek because the nation’s largest identified graphite deposit.

The Graphite Creek property is 55 km north of Nome, Alaska

Final summer season Graphite One underwent a serious de-risking occasion with the launch of the prefeasibility examine (PFS) for its Graphite One Challenge. 2021 drilling has efficiently upgraded the 2019 useful resource estimate, delivering practically a 200% improve in measured and indicated assets.

The PFS additionally portrays the Graphite One Challenge as extremely worthwhile, with anticipated prices of $3,590 per tonne measured in opposition to a mean graphite product value of $7,301 per tonne.

The mine would produce, on common, 51,813 tonnes per yr (tpy) of graphite focus for its projected 23-year mine life. The corporate itself would produce about 75,000 tpy of merchandise, of which 49,600 tpy could be anode supplies, 7,400 tpy purified graphite merchandise, and 18,000 tpy unpurified graphite merchandise.

The prefeas is predicated on exploration of just one sq. kilometer of the 16-km deposit, that means GPH might simply crank up manufacturing by an element a number of occasions the present (proposed) run price of two,860 tonnes per day. Drill outcomes to this point point out the useful resource stays open down dip and alongside strike to the east and west.

Scale is essential to Graphite One’s future prospects; they won’t need a fragmented provide chain for his or her Lithium-ion Battery anodes, purified graphite merchandise and unpurified graphite merchandise.

The third hyperlink in Graphite One’s US-based graphite provide chain entails battery supplies recycler Lab 4 Inc. of Nova Scotia, Canada. Underneath an earlier MOU, GPH and Lab 4 will collaboratively design and construct a recycling facility for end-of-life EV and lithium-ion batteries. Lab 4 offers laboratory and engineering assist to mining corporations with a concentrate on recycling graphite, manganese and different minerals.

The recycling facility will probably be situated subsequent to the Washington State manufacturing facility, and engineered to just accept used EV batteries for feedstock.

Graphite One prepares pattern battery materials for EV Producers’ evaluation

Final yr Dawn began getting ready anode supplies for pattern functions from Graphite Creek focus, and in December 2022, Graphite One introduced that focus is getting used to arrange pattern battery anode supplies for 2 main electrical automobile (EV) producers, whereas a man-made graphite anode pattern is being ready for a 3rd EV firm. Outcomes are anticipated this quarter.

This can be a essential milestone for Graphite One in proving, a/ that its graphite finish product is of enough high quality to be battery-grade; and b/ that Graphite One is ready to tailor its graphite processing to fulfill the particular graphite anode wants of its potential future shoppers.

Now we do not wish to speculate on who these corporations are, however the truth that Graphite One describes them as “main EV producers”, narrows the checklist right down to a handful of American automotive corporations; for now we’ll have to make use of our creativeness to guess who they’re.

Graphite One has made two extra bulletins in latest days, the primary concerning the testing of graphite from Graphite Creek; and the second, the testing of Graphite Creek materials “as a doubtlessly vital mineral-rich carbonaceous feedstock.”

Within the first information launch, G1 states that the corporate, via a subsidiary, has entered right into a Materials Switch Settlement with Pacific Northwest Nationwide Laboratory (PNNL), managed and operated in Richland, Washington by Battelle for the U.S. Division of Power.

Underneath the MTA, PNNL will check anode lively and different supplies to confirm conformity to electrical automobile battery specs. The primary supplies to be examined would be the anode-active supplies now being produced as samples by Dawn, utilizing Graphite Creek graphite. These samples will probably be despatched to American electrical automobile producers for analysis as a doable supply of battery supplies.

(Recall that Graphite One and Dawn are already working collectively, on the proposed graphite manufacturing facility in Washington State.)

“We’re delighted to work with one of many U.S. Authorities’s premier nationwide labs,” mentioned Anthony Huston, President and CEO of Graphite One, within the Jan. 20 information launch. “Given PNNL’s expertise in creating renewable vitality options, and the significance of graphite to the foremost renewable vitality functions in addition to the vitality storage techniques required for the nationwide grid, Graphite One sees this as a serious step in our provide chain technique.”

The second information launch particulars Graphite One’s association with Sandia Nationwide Laboratories in Albuquerque, New Mexico. The corporate’s subsidiary Graphite One (Alaska) has offered materials from the Graphite Creek deposit to Sandia, as a part of Sandia’s inexperienced extraction processing work.

Nationwide Know-how and Engineering Options of Sandia, a subsidiary of Honeywell Worldwide, Inc., operates Sandia Nationwide Laboratories as a contractor for the U.S. Division of Power’s Nationwide Nuclear Safety Administration (NNSA).

In 2021, Sandia’s patent-pending course of was awarded a prestigious R&D 100 Award, “GOLD Particular Recognition in Inexperienced Know-how for Environmentally Benign Extraction of Crucial Metals Utilizing Supercritical CO2-Based mostly Solvent”. Sandia’s methodology makes use of supercritical CO2 together with a food-grade additive to extract uncommon earths and different vital minerals. Sandia will check Graphite Creek materials as a doubtlessly vital mineral-rich carbonaceous feedstock.

“We’re happy that Sandia will apply its path-breaking course of to Graphite Creek materials,” CEO Huston mentioned within the Jan. 25 information launch. “We’re excited in regards to the potential for value-added functions which determine flake graphite from Graphite Creek as a singular useful resource, and Sandia’s course of will present us essential information on that potential with implications for the way we unlock the worth of G1’s further vital minerals.”

Conclusion

Graphite focus is already getting used to arrange pattern battery anode supplies for 2 main EV producers, via Graphite One’s manufacturing associate, Dawn New Power Materials Firm. Dawn can also be getting ready a man-made graphite anode pattern for a 3rd EV firm. G1 says the outcomes are anticipated this quarter.

If these pattern batches are profitable, it’ll certainly push Graphite One onto the radar of not solely main EV and battery manufacturing corporations, however main mining corporations.

We even have Graphite One signing a Supplies Switch Settlement with PNNL, the Pacific Northwest Nationwide Laboratory in Washington State, that may check the corporate’s anode-active and different supplies to confirm conformity to EV battery specs.

Then there’s Graphite One’s association with Sandia Nationwide Laboratories in Albuquerque, New Mexico. A Graphite One subsidiary has offered Graphite Creek materials to Sandia, for testing as a doubtlessly vital mineral-rich carbonaceous feedstock, utilizing its award-winning inexperienced extraction expertise.

Each labs function underneath the auspices of the U.S. Division of Power.

EV producers and PNNL are testing G1’s pattern battery anode supplies. Sandia Nationwide Laboratories will probably be testing Graphite Creek materials as a doubtlessly vital mineral-rich carbonaceous feedstock. The outcomes might imply thrilling occasions forward for Graphite One shareholders.

Graphite One Inc.
TSXV:GPH, OTCQX:GPHOF
Cdn$1.06, 2023.01.25
Shares Excellent 83.3m
Market cap Cdn$116.4m
GPH web site

Richard (Rick) Mills
aheadoftheherd.com
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