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Showing posts with label electric cars. Show all posts
Showing posts with label electric cars. Show all posts

Sunday, June 30, 2024

ChargePoint stands to significantly benefit from the U.S. government's new infrastructure bill, which allocates substantial funding for expanding electric vehicle (EV) charging infrastructure

 


ChargePoint Holdings, a leading provider of electric vehicle (EV) charging infrastructure, appears to have strong growth potential in the next 2-3 years, driven by several factors:

  1. Increasing Demand for EV Charging: The growing adoption of electric vehicles is significantly driving the need for more charging infrastructure. In 2023, ChargePoint reported a 53% increase in annual charging sessions, with the amount of energy dispensed increasing by 70% year-over-year. This trend is expected to continue as more EVs hit the road, necessitating expanded charging networks​ (ChargePoint)​.

  2. Revenue Growth Projections: Analysts predict substantial revenue growth for ChargePoint. For instance, the company’s revenue is forecasted to grow from $530 million in 2024 to $672 million in 2025, representing a 26.86% increase. This growth trajectory is supported by the increasing deployment of charging stations and rising EV sales​ (Stock Analysis)​​ (Simply Wall St)​.

  3. Positive Analyst Ratings: The majority of analysts have a "Buy" rating for ChargePoint's stock, with an average price target suggesting significant upside potential from its current price. The average 12-month price target of $4.48 implies a potential increase of nearly 200%​ (Stock Analysis)​.

  4. Strategic Positioning and Government Support: ChargePoint is well-positioned to benefit from government initiatives aimed at boosting EV adoption and expanding charging infrastructure. This includes potential subsidies and grants which can enhance its market position and financial performance​ (ChargePoint)​.

Despite these positive indicators, it's important to note some challenges, including competitive pressures and the need for ongoing substantial investments to scale infrastructure. However, the overall outlook for ChargePoint in the next few years appears promising given the rapid expansion of the EV market and the company’s strategic initiatives to capture this growth.

ChargePoint stands to significantly benefit from the U.S. government's new infrastructure bill, which allocates substantial funding for expanding electric vehicle (EV) charging infrastructure. Here are some key ways ChargePoint will gain:

  1. Funding from the National Electric Vehicle Infrastructure (NEVI) Program: The NEVI program, part of the Infrastructure Investment and Jobs Act, allocates $7.5 billion for EV charging projects, including $5 billion for nationwide funding and $2.5 billion for corridor and community charging grants. This funding will support the installation of EV chargers, covering up to 80% of project costs for infrastructure along alternative fuel corridors and in communities, which directly benefits ChargePoint's expansion efforts​ (Federal Highway Administration)​​ (ChargePoint)​.

  2. Increased Deployment of Charging Stations: The Biden-Harris administration aims to build a national network of 500,000 EV chargers by 2030. This initiative will create numerous opportunities for ChargePoint to install more charging stations, particularly in underserved and high-demand areas, thereby increasing their market penetration and revenue potential​ (Federal Highway Administration)​​ (The White House)​.

  3. Support for Disadvantaged Communities: A significant portion of the funding is targeted towards projects in disadvantaged and rural communities. ChargePoint's involvement in these projects aligns with the government’s Justice40 Initiative, which aims to ensure that 40% of the benefits from federal investments flow to these communities. This can enhance ChargePoint's presence in diverse locations and promote equitable access to EV charging​ (Federal Highway Administration)​.

  4. Partnerships and Collaborations: The bill also facilitates collaborations between ChargePoint and other entities. For example, ChargePoint's partnerships with Volvo Cars, Starbucks, and Mercedes-Benz to deploy charging hubs will be bolstered by the available federal funds, accelerating the buildout of their charging network​ (The White House)​.

  5. Job Creation and Economic Impact: The infrastructure bill promotes American job creation through the construction and maintenance of EV charging stations. This will not only support ChargePoint’s growth but also contribute to the broader economic impact by creating jobs in manufacturing, installation, and maintenance of EV infrastructure​ (The White House)​.

Overall, the infrastructure bill provides a robust financial and regulatory framework that will support ChargePoint's strategic expansion and operational growth in the coming years.

Enovix ($ENVX on Nasdaq) has developed a unique new Li battery that will enhance safety, longevity and higher energy levels


Wednesday, June 5, 2019

Is Cobalt the next Bull Market?

Investing notes: 

Cobalt is used in Lithium-ion Batteries of every size, from your SmartPhone to your ElectricCar or EV Energy storage units for Solar and Wind Power generation etc...

Cobalt, which has the element symbol Co, is a metal usually obtained through mining nickel, silver, lead, copper and iron. Discovered in the 18th century, it gave glass a deep blue color.

Today, cobalt's uses range from health and nutrition to industry. The US government treats cobalt as a strategic metal because a shortage would affect the economy, industry and defense of the country. Most cobalt used in the United States is imported.



Alloys, or mixtures of metals, make up half the cobalt used each year. Some alloys go into making jet engines and gas turbine engines. Another alloy, called Alnico, consists of of aluminum, nickel and cobalt and is strongly magnetic. Alnico magnets can be found in hearing aids, compasses and microphones. Cutting tools can be made with stellite alloys, which contain cobalt, chromium and tungsten.

Here are some other common uses for Cobalt (from Sciencing.com)

Alternative Energy

Cobalt improves the performance of rechargeable batteries and plays an important role in hybrid electric vehicles.

Orthopedic Implants

Cobalt alloys are used in orthopedic implants alongside titanium and stainless steel. The Idaho Cobalt Project states that approximately 70 percent of hip replacements use cobalt-chrome femoral stems.

Radiation Therapy and Sterilization

Cobalt-60, a radioactive form of the element, can treat some forms of cancer. The substance can also sterilize medical supplies.

Nutrition

Cobalt chloride, sulfate, acetate or nitrate can correct mineral deficiency in grazing animals living on cobalt-deficient soil. Cobalt is an essential part of vitamin B12.

Art Material

Cobalt salts are used to produce vivid shades of blue in porcelain, glass, pottery and tiles.

However, in today's "clean Energy" environment, it is the advent of large scale electrical storage, EV Batteries, Smart phones and other energy storage endeavors, that are making Cobalt a "Go To" commodity of the 21st century.  In many Lithium-ion batteries, there is more cobalt than lithium. 

There are many options to invest in Cobalt so do some homework

Disclosure: As a lead in to this market potential we like a broad brush and so we have bought


 
We have also bought shares in one smallcap miner of Cobalt as a potential takeover target. We are investigating other avenues into this market.





Monday, October 6, 2014

Lomiko Metals drilling for more Graphite in Quebec

Drill Permit Issued for Lomiko's La Loutre Crystalline Flake Graphite Property in Quebec 
 by Marketwire

Lomiko Metals Inc. ("Lomiko") (TSX VENTURE: LMR)(PINKSHEETS: LMRMF)(FRANKFURT: DH8B) and Canada Strategic Metals Inc. ("Strategic Metals" or the "Company") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) are very pleased to announce that a drilling permit for the La Loutre Crystalline Flake Graphite Property has been issued which allows for up to 29 drill holes. On September 23, 2014 Lomiko optioned 40% interest in the La Loutre Crystalline Flake Graphite Property located in Quebec last month. A full set of results was reported in that news release.

The goal of the exploration program is to identify high-grade, near-surface graphite mineralization suitable for conversion to battery-grade graphite. The graphite industry could see exponential growth based on new demand for lithium-ion batteries, which use 10 to 15 times as much graphite as lithium.
Telsa Motor Cars and Panasonic announced a new Lithium-ion Giga-factory in Nevada which is estimated to double the yearly supply of Li-ion batteries by 2020. Currently, synthetic graphite with consistent carbon purity of 99% or more is used in Li-ion batteries. This effects the graphite market in two ways. One, the price of synthetic graphite is likely to increase based on increased demand for all graphite products. Two, if a natural, cost-effective source of consistently high carbon purity graphite is derived from a property, groups such as Telsa could use the material directly in their batteries.

Of particular interest to Lomiko was an area of the property which reported grab samples up to 22.04% Carbon Flake Graphite (CFG) and Carbon Purity Test results reporting up to 100.00% Carbon Purity in the Large and Extra Large Flake Graphite. 

Graphite grab sample assay results derived from a recent sampling and mapping program on the has confirmed a graphite bearing structure covering an area approximately 7 kilometers by 1 kilometer with results of up to 22.04% graphite in multiple parallel zones of 30-50 meters wide. Another area has also been identified covering approximately 2 kilometers by 1 kilometer in multiple parallel zones of 20-50 meters wide which includes results up to 18% graphite. Grab samples are selective by nature and are unlikely to represent the average grade of a deposit. The drilling program is designed to test these areas.

Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

On Behalf of the Board
A. Paul Gill, Chief Executive Officer
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Lomiko Metals Inc.
A. Paul Gill
Chief Executive Officer
604-729-5312
info@lomiko.com
www.lomiko.com


SOURCE: Lomiko Metals Inc.

Thursday, June 26, 2014

Focus Graphite - full steam ahead for Lac Knife Project

Focus Graphite Inc.Focus Graphite Inc.

TSX VENTURE : FMS
OTCQX : FCSMF
FRANKFURT : FKC




June 25, 2014 11:10 ET

Focus Graphite's Lac Knife Project's Benchmark Feasibility Study Reports


Highlights: $383 Million NPV; 30.1% IRR; Operating Costs of $441 Per Tonne

OTTAWA, ONTARIO--(Marketwired - June 25, 2014) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to report the results of its Feasibility Study ("FS") for the Lac Knife Project performed by Met-Chem Canada Inc.
The study was based on a 25-year mine life that produced a Pre-tax Net Present Value ("NPV") of $383 million calculated at a discounted cash flow ("DCF") rate of 8% Pre-tax, the financial model has an Internal Rate of Return ("IRR") of 30.1% and a capital payback period of 3.0 years.
The after tax financial model has an NPV of $224 million calculated at a DCF rate of 8%, and with an IRR of 24.1% and a capital payback of 3.2 years. A National Instrument 43-101 technical FS report will be filed on SEDAR within 45 days of this news release.
"Lac Knife is a remarkable property by any Canadian or international standard," Gary Economo, Focus' Chief Executive Officer said. "As we have already demonstrated, Lac Knife provides us, and our shareholders, with a significant advantage. And that is: The ability to meet our customers' needs for quality products at competitive prices."
Don Baxter, Focus's President and COO said: "We are very pleased to have reached this significant milestone in the development of the Lac Knife Project. With the Feasibility Study in hand, an offtake with an end-user signed as well as battery tested spherical graphite, Focus has positioned itself as a leader in the graphite space, with no other company having reached this level of development."
Table 1
Lac Knife Feasibility Results (Pre-Tax) Base Case 2016 Forecast Units
Average Price / Tonne of Concentrate: $1,713 $2,256 US$
Internal Rate of Return (IRR) 30.1 41.8 %
Net Present Value @ 6% Discounted Cash Flow 510 809 $ million
Net Present Value @ 8% Discounted Cash Flow 383 624 $ million
Net Present Value @ 10% Discounted Cash Flow 291 488 $ million
Payback Period 3.0 2.1 Years
Lac Knife Feasibility Results (After-Tax) Base Case 2016 Forecast Units
Internal Rate of Return (IRR) 24.1 32.8 %
Net Present Value @ 6% Discounted Cash Flow 304 476 $ million
Net Present Value @ 8% Discounted Cash Flow 224 364 $ million
Net Present Value @ 10% Discounted Cash Flow 165 280 $ million
Payback Period 3.2 2.4 Years
All monetary values are in Canadian Dollars ("CDN") except where specified otherwise
Results from the FS indicate that the Lac Knife Project is viable economically with a Base Case scenario that includes a concentrator production line rate of 44,300 tonnes of concentrate annually at an average mill feed rate of 323,670 tonnes per year of Mineral Reserves over a 25-year mine life. A concentrator availability of 93% was used for the study. The additional Measured, Indicated, and Inferred Resources will continue to be evaluated to develop the mid and long term growth profile for the Company.
Highlights:
  • Reduced operating costs from $458 per tonne of concentrate to $441 per tonne within close range of the Updated PEA study released November 7th, 2013.
  • Mining costs are 126.95 $/t of concentrate ($17.85 per tonne of ore) with the major component associated contract mining costs. Contract mining versus lower cost owner mining can be revisited with further evaluation of mine equipment leasing and associated owner's costs.
  • Processing costs for the concentrator are, on average over the life of mine $239.37 per tonne of concentrate produced, based on yearly average processing costs of $33.66 per tonne of ore processed. The low cost hydroelectric power supplied by Hydro Quebec contributes to overall low production costs.
  • Detailed engineering is planned to start in 2014 and further analysis of each of these cost components will continue during the detailed engineering stage.
  • Life of Mine Plan resulted in an overall average strip ratio of 1.8 to 1 for 25 years.
  • Average prices used in the financial model do not include value added products that can be produced using the typically lower valued finer natural flake graphite. These finer graphite concentrates can be further processed into value added products for the Lithium Ion battery market because of their high carbon content of 98% carbon and realize a higher margin for a reasonable capital investment and operating cost over and above those outlined in this release. Based on these results it has become an important objective to outline the scope of this secondary transformation project for electrifying transportation and for use by other lithium battery end users.
Today, the prices for the Lac Knife graphite concentrates average US$1,713 per tonne based on the size distribution and high carbon grade. Also included in the table above are the results using forecasted prices for 2016 where the average price for the same concentrates is estimated to increase to US$2,256 per tonne. These prices are estimated by Industrial Minerals Data of the UK, who are recognized in this field as an independent source of accurate, detailed information for the natural flake graphite market.
Met-Chem's financial model does not include potential value-added, purified, spheronized, and coated battery-grade graphite in its financial and operational calculations.
The exchange rate used is $0.91 US Dollars per Canadian Dollar. Table 1 provides the Net Present Values calculated at various discounted cash flow rates for the Base Case production scenario of 44,300 tonnes of graphite concentrate produced annually. The financial analysis in the FS study used the 24 month price of US$1,713 per tonne that is a weighted average for the various graphite concentrates that are classified by flake size and also valued by their carbon content.
The annual milling capacity is 323,670 tonnes per year to produce 44,300 tonnes of concentrate annually at a cost of $441 per tonne of concentrate. The concentrate will grade 97.8% Graphitic Carbon ("Cg") on average for a 25-year open pit mine life based on current open pit reserves. All graphite concentrate produced with flakes larger than 200 mesh contain more than 98% Cg.
The FS is based on the Pilot Plant test work run by SGS Mineral Services in Lakefield, Ontario, during the spring of 2013 and announced in a news release on August 21st, 2013. The concentrator process flow sheet is based on standard flotation circuits followed by a series of polishing mills that upgrade the carbon content by cleaning impurities present in the ore that are generally found on the graphitic carbon flake surfaces of the Lac Knife mineralization. Pilot Plant recovery was 91%, full scale, consistent operations should improve on the mill process recovery. Flake size distribution is expected to increase in favour of larger flake as the full scale plant will start with a SAG mill which is better suited to mitigate flake damage as opposed to crushing and grinding methods used in the pilot plant.
Lac Knife is unique in that all natural flake graphitic concentrates produced with flake size above 200 mesh (75 microns) size are more than 98% Cg. This allows Focus to divert finer sized products that would typically be difficult to sell due their flake size to higher value added products such as spherical graphite for batteries due to the high carbon content of 98% carbon (See "Lithium Battery Coin Cell Test Results" below).
Proven and Probable Mineral Reserves:
The open pit design includes 429 kt of Proven Reserves and 7,428 kt of Probable Reserves for a total of 7,857 kt of Proven and Probable Mineral Reserves grading 15.13% Cg. The Mineral Reserves which account for mining dilution and ore loss are reported at a cut-off grade of 3.1% Cg. In order to access these reserves, 2,746 kt of overburden, 10,926 kt of waste rock and 231 kt of Inferred Mineral Resources must be mined. This total waste quantity of 13,903 kt results in a stripping ratio of 1.8 to 1. Table 2 presents the Lac Knife open pit mineral reserves that were estimated for the FS. The remaining Measured and Indicated Resources within the Lac Knife deposit will help to develop the mid and long-term growth profile for the company (See Table 5 for MRE).
Table 2
Lac Knife Open Pit Mineral Reserves
Category Tonnage (kt) Cg Grade (%)
Proven 429 23.61
Probable 7,428 14.64
Proven and Probable 7,857 15.13
A pit optimization analysis was carried out using the MS-Economic Planner module of MineSight® which ran the Lerchs-Grossmann algorithm to determine the economic limits of the deposit. The analysis showed that the open pit design for the Feasibility Study should be based on a 25-year mine life that includes approximately 82% of the Measured and Indicated Mineral Resources.
The open pit design incorporates 10 m high benches and follows the pit slope recommendations from the 2014 geotechnical investigation. The pit is 700 m long and 400 m wide at surface and has a maximum pit depth of 100 m.
Mining will be carried out by a mining contractor who will use conventional open pit mining methods that include drilling and blasting followed by a hydraulic excavator loading a fleet of 46-tonne haul trucks. The mine will be operated seasonally (7 months of the year) and a front-end wheel loader will be used to feed the processing plant from an ore stockpile during the winter months.
The study was conducted with engineering and estimation methods appropriate to target an estimate accuracy of 15% that is standard and realistic for capital and operating cost estimates in a Feasibility Study. Based on an extensive risk review exercise the contingency is 11.5%. The Capital Expenditures in Table 3 outline what is needed to construct the mine, processing plant, power line and all associated infrastructure that is estimated at a total of $165.55 million.
Table 3
Lac Knife Capital Expenditure - Cost Centers CDN$ millions
Mine equipment, infrastructure, and pre-stripping 4.21
Infrastructure 11.62
Primary Crushing 7.02
Concentrator 62.24
Environmental and Tailings Management 8.22
Additional Infrastructure 15.4
Indirect Costs 39.77
Contingency (11.5%) 17.07
Sub Total 165.55
The company is currently in discussion with vendors to define financing packages for equipment. This will result in a reduced up front capital and add to the basket of financing options currently being investigated. Another financing option currently under due diligence is Supply Chain Financing ("SCF") based on an offtake agreement signed in December 2013 for a minimum of 50% of Lac Knife's production. SCF is a non-dilutive alternative to equity financing and is not as encumbering as traditional debt, or royalty financing. Future off-take agreements will contain a financial component as well.
This project-financing alternative could include equity and low interest debt as well as a signing bonus to execute an offtake agreement. These options have the potential to enhance future project economic metrics, and the company continues to discuss with several interested parties on various options.
Table 4
Lac Knife Operating Expenditures (25 year average) Cost Centers $/Tonne of Concentrate
Mining 126.95
Processing Costs (Concentrator) 239.37
General Administration Mine Site 74.70
Total Operating Costs 441.02
The operating costs per tonne of concentrate produced are $441 (See Table 4 below). This is an improvement over the updated Preliminary Economic Assessment (PEA) that showed $458 per tonne of concentrate produced. One key variable to low production costs is Lac Knife's project location giving relatively easy access to low cost hydroelectric power from Hydro Quebec at the intersection of the access road and Provincial Highway 389.
Permitting is well underway with the ESIA to be submitted by the end of the summer and the Mine Closure Plan is planned for submission mid-summer. Focus continues to communicate, meet, and listen to local communities and will be increasing these efforts now that the feasibility is completed and the impacts are known.
The National Instrument 43-101 ("NI 43-101") MRE was performed by Pierre Desautels of AGP Inc. and was announced January 28th. It increased the Measured and Indicated Resources by 92% for the Lac Knife Deposit. The MRE is based on both the 2012 and 2013 additional exploration and definition drilling programs for a total of 92 holes, and 9,103 meters that successfully achieved the designed goal to upgrade the quality of existing Indicated and Inferred Resources to the Measured and Indicated Resource categories. This is in addition to 105 previous drill holes that totaled 9,217 meters.
Measured and Indicated Resources are estimated at 9.6 million tonnes grading 14.77% at a 3% Cg cut-off grade. Additionally there are 3.1 million tonnes of Inferred Resources at 13.25 % Cg using a 3% cut-off in this updated resource estimate presented in Table 5.
Table 5
Lac Knife Mineral Resource Estimate Categories Tonnage (t) Cg (%) In situ Graphite(t)
Measured 432,000 23.66 102,000
Indicated 9,144,000 14.35 1,312,000
Measured + Indicated 9,576,000 14.77 1,414,000
Inferred 3,102,000 13.25 411,000
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. (See Table 2 above for Reserves).
Lithium Battery Coin Cell Test Results
On May 27th, Focus Graphite announced it "Succeeded in Producing Extremely High-Performing Coated Spherical Graphite for Lithium Ion Batteries". The results from coin cell performance testing performed on Lac Knife Spherical Graphite ("SPG") produced outstanding performance metric results. The benchmark products have a typical irreversible capacity loss ("ICL") of 6-10% ICL. Lac Knife SPG showed two ICL test results measuring 1.01% and 1.44%, truly remarkable results. Essentially these battery performance tests illustrated that the Irreversible Capacity Loss ("ICL") was reduced by 75% compared to the benchmark products available in the market today.
These tests confirm Focus' capability to tailor lithium ion battery anode grade SPG and value added products to meet the most stringent customer specifications
Lac Knife anode SPG is unique in having such a low ICL performance metric, this could be attributed to the unique properties of the Lac Knife high carbon content concentrate that grades 98% C, even in the finer flake size concentrate products down to 200 mesh (75 microns) that are usually the most difficult products to sell. This holds the potential to allow Focus market access to significantly higher margin value added products with a finer grade lower cost product creating a unique opportunity.
"Commercially and competitively, these results open the door for Focus to confidently accelerate our plans to market and sell our battery grade, high margin products to potential partners and customers," said Mr. Baxter.
Qualified Persons
The technical information within this news release was approved by Project Leader Mary- Jean Buchanan Eng., and Jeffrey Cassoff Eng., Lead Mining Engineer, and Ewald Pengel P. Eng., Senior Metallurgist, who was responsible for concentrator design, all from Met-Chem Canada Inc., and all individuals that are Qualified Persons under NI 43-101 guidelines and all independent of the issuer. Pierre Desautels P.Geo. of AGP Inc. completed the NI 43-101 Mineral Resource Estimate report and is also independent of the issuer.
The technical information in this news release was prepared by Mr. Don Baxter, P. Eng., Focus President & Chief Operating Officer, a Qualified Person as defined by NI 43-101 guidelines, who has reviewed and approved the technical content of this news release.
About Focus Graphite
Focus Graphite Inc. is an emerging mining development company with an objective to produce value added products initially for the lithium ion battery market from the Lac Knife graphite deposit located south west of Fermont, Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated Mineral Resource Estimate* of 9.6 million tonnes grading 14.77% graphitic carbon (Cg) as natural flake graphite with an additional Inferred Mineral Resource Estimate* of 3.1 million tonnes grading 13.25% Cg. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. The feasibility study results released on June 25th, 2014 for the Lac Knife Project indicated that the project is economically viable and has the potential to become a low cost graphite producer based on 7.86 million tonnes of Proven and Probable Reserves grading 15.13 Cg. On May 27, 2014 the Company announced the Potential for High Value Added Sales in the Li-Ion Battery Sector following battery coin cell tests performed on Lac Knife Spherical Graphite ("SPG"). Testing measured the performance metrics and confirmed Focus' capability to tailor lithium ion battery anode grade graphite and value added products to meet the most stringent customer specifications. This is a result of being a technology-oriented enterprise having a vision of building long-term, sustainable shareholder value. Focus also invests in the development of graphene applications and patents through Grafoid Inc.
* Mineral resources are not mineral reserves and do not have demonstrated economic viability
About Met-Chem Canada, Inc.
Met-Chem is an internationally renowned consulting engineering firm established in 1969 to provide all phases of geology, mining, mineral processing and engineering services throughout the world. From its headquarters in Montreal, Met-Chem offers the mining industry professional expertise that covers scoping, pre-feasibility and feasibility studies, basic and detailed engineering, procurement and construction management, training, start-up, commissioning and operations assistance.
About Industrial Minerals-DATA
Industrial Minerals ("IM") Data-Graphite is a dedicated pricing and analysis service for the natural graphite market. Tracking over 40 different grades from around the world, IM Data's pricing database supplies up-to-date information which allows for tracking both current and historical trends as far back as 1988. Their analysts, based in London and Shanghai, collect information directly from the industry, providing exclusive insight and market intelligence. With up-to-date pricing data, market analysis and commentary, IM Data Graphite is the only independent source of accurate, detailed and independent information for the natural graphite market.
Forward Looking Statement
This news release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operation of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the resulting issuer; (xii) the risks associated with the various environmental regulations the resulting issuer is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and (xx) risk management.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this news release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

Contact Information


Focus Graphite Inc.
Mr. Don Baxter, P.Eng
President and Chief Operating Officer
705-789-9706
dbaxter@focusgraphite.com
www.focusgraphite.com

Sunday, May 12, 2013

Chinese Lithium Company Jiangxi Ganfeng may end up controlling Marianna Lithium project!

May 10, 2013

International Lithium Corp. Arranges Loan From Strategic Partner, Jiangxi Ganfeng Lithium Co. Ltd.

Vancouver B.C. May 10, 2013: International Lithium Corp. ("ILC" or the "Company") (ILC: TSX-V) is pleased to announce that Jiangxi Ganfeng Lithium Co. Ltd. ("Ganfeng Lithium") has agreed to lend ILC a total of $2,289,000 to advance the Company's Mariana Lithium-Potassium Brine project in Argentina and for ILC to provide the outstanding scheduled cash payments to secure an unencumbered 100% ownership of the Mariana project.  Subject to final approval by the TSX Venture Exchange and Ganfeng Lithium's shareholders, Ganfeng Lithium will advance ILC a total of USD$2,289,000 ("Loan").  USD$1,199,000 will be advanced within two business days of Ganfeng Lithium receiving shareholder approval ("First Advance"), and a further advance of USD$1,090,000 will follow in May 2014 ("Second Advance").  The Loan will mature two years following the date of the Second Advance and during the term of the loan ILC will pay interest of 10% per annum on the balance of the Loan, payable quarterly.

In lieu of receiving repayment of the loan, Ganfeng Lithium may elect to convert into an interest in the Mariana Property.  The loan agreement contemplates that Ganfeng Lithium may convert what would otherwise be ILC's repayment obligation for the First Advance into a 26% interest in ILC's rights in the Mariana Property.  Likewise, instead of receiving repayment of the Second Advance, Ganfeng Lithium may convert into a 25% interest in ILC's rights to the Mariana Property, for a total interest of 51%.  If Ganfeng Lithium elects to convert up to a 51% property interest, at that time, the parties would enter into a joint venture relationship for the operation of the Mariana Property.

"This latest transaction demonstrates the confidence and continued support ILC has received from our strategic partner Gangfeng Lithium, providing us with the resources to move in course with exploration plans and operations that will allow us to unlock the potential value in the projects that we have been advancing since the formation of the company." States Kirill Klip,  President of International Lithium Corp.   


About GanfengLithium Co. Ltd.

Ganfeng Lithium based in Xinyu, Jiangxi Province, China, is a professional producer of lithium products which has developed a comprehensive product chain, including lithium metal and alloys, inorganic and organic lithium chemicals, supplies a wide range of lithium products for primary and secondary lithium battery market, pharmaceutical and new material industries. Ganfeng Lithium's principal market is in China with international exports to Europe, Japan, the USA and India. Ganfeng Lithium was founded in 2000 and listed on the Shenzhen Stock Exchange in August 2010, notably as the first publicly listed lithium company in China and has experienced rapid continuous growth over the last 12 years.


About International Lithium Corp.

International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Jiangxi Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.

The Company's primary focus is the Mariana lithium-potash brine project in Argentina within the renowned South American 'Lithium Belt' that is host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporite basin that ranks as one of the more prospective salarsor 'salt lakes' in the region.

Complementing the Company's lithium brine projects are rare metals pegmatite properties in Canada and Ireland that have revealed through recent highly positive results a clear potential that the Company will advance with the support of its strategic partner, Ganfeng Lithium. These projects can add distinct value as the Company strives to source rare metals to help meet the increasing demand through the growth in global technologies that utilize the rare metals suite of elements.

With the increasing demand of high tech applications in battery and vehicle propulsion technologies, lithium and other rare metals are no doubt the metals of tomorrow's green tech economy. By positioning itself with solid development partners and projects with significant resource potential, ILC aims to be the green tech resource developer of choice for investors and build value for its shareholders.

International Lithium mission is to find, explore and develop projects which have the potential to become world class lithium, potash and rare metal deposits.



On behalf of the Board of Directors,

KirillKlip 
President, International Lithium Corp.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Tuesday, April 9, 2013

Grafoid Inc. and CapTherm Systems Inc. Joint Venture to Develop Next-Generation Graphene Cooling Systems for EV and LED Applications

Focus Graphite Inc.Focus Graphite Inc.

TSX VENTURE : FMS
OTCQX : FCSMF
FRANKFURT : FKC


April 09, 2013 12:07 ET


OTTAWA, ONTARIO--(Marketwired - April 9, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) on behalf of Grafoid Inc., announced today Grafoid's joint venture development agreement with Coquitlam, British Columbia-based CapTherm Systems Inc. to develop and commercialize next generation, multiphase thermal management systems for electric vehicle (EV) battery and light emitting diode (LED) technologies.

CapTherm Systems Inc - Progressive Thermal Management is a thermal management/cooling company specializing in personal computer, server, LED, and electric vehicle cooling systems. It develops and commercializes proprietary, next-generation high-power electronics cooling technologies.
Its multiphase cooling technologies represent the core of its products that harness the power of latent heat from vaporization.

Under the terms of the agreement, Grafoid Inc., a company invested in the production of high-energy graphene and the development of graphene industrial applications will supply both materials and its science for adapting graphene to CapTherm's existing EV and LED cooling systems.


"This alliance represents a milestone for both companies in their pursuit of cutting edge, energy-saving, green technology graphene applications," said George Economo, Grafoid's business development manager.

"Integrating graphene's superior thermal conductivity to CapTherm's existing EV and LED cooling applications goes to the core of Grafoid's IP development strengths," he said.
CapTherm Systems CEO & Technical Director Timo Minx said next generation cooling technologies require next generation materials. "Graphene and its properties as a superconductor will enable CapTherm to position itself well for future thermal challenges," Mr. Minx said.


"Making our products even more competitive by taking advantage of graphene's lateral and vertical heat spreading capabilities is a logical step in advancing our science to meet those future challenges," Mr. Minx added.He said graphene is a novel 21st century material that has the potential to revolutionize a multitude of markets.



About Grafoid Inc.
Grafoid, Inc., is a privately owned graphene investment and graphene business development company establishing international standards for the production of economically scalable graphene.
Focus Graphite Inc. holds a major interest in Grafoid on behalf of its shareholders.

About CapTherm Systems Inc.
CapTherm specializes in the development and commercialization of proprietary next-generation high-power electronics cooling technologies. Solid state multiphase technology represents the core of CapTherm's products and harnesses the raw power of latent heat of vaporization. The CT Fusion line of products is the only commercially available electronics cooling product in the market that takes advantage of a phase change (from liquid to vapor) in combination with a thermal pump to create a pumped cooling loop with no moving parts requiring no additional electric power offering increased reliability and performance over contemporary cooling systems. Our technology enables the creation of a broad range of industry applications that require smaller but higher performance, higher reliability and more energy efficient products - all at a lower cost.

About Focus Graphite Inc.
Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is also investing in the development of graphene applications and patents through Grafoid Inc.
Forward-Looking Statements - Disclaimer
This news release may contain forward-looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com Focus Graphite disclaims any intention or obligation to revise or update such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information


Focus Graphite Inc.
Mr. Gary Economo
President and Chief Executive Officer
613-691-1091, ext. 101
geconomo@focusgraphite.com
www.focusgraphite.com

CapTherm Systems Inc.
Mr. Philipp Fuhrmann
Chief Operating Officer
778-284-7691 ext 102
philipp@captherm.com
www.captherm.com