"Patience is a Super Power" - "The Money is in the waiting"
Showing posts with label materials. Show all posts
Showing posts with label materials. Show all posts

Monday, September 22, 2025

Placing Honeywell (HON) on our watch list. Here is an overview of current information available!

 


Below is a structured investment/business report for Honeywell (HON) covering their recent financials, stock & valuation, outlook over the next 2-4 years (especially considering DoD / Aerospace tailwinds and their Solstice & Quantinuum spin-offs), plus bull / base / bear cases. We're placing HON on our watch list!


Honeywell (HON) Report

Honeywell International Inc (HON)
Open208.66
Volume672.7K
Day Low207.33
Day High209.22
Year Low179.36
Year High242.77

Executive Summary

Honeywell is in the midst of a major portfolio transformation: spinning off its advanced materials business (Solstice), planning separations of its Aerospace and Automation segments, while keeping majority ownership of Quantinuum in quantum computing. With rising U.S. defense spending (DoD) and growing demand in aerospace and space, there are tailwinds. But there are also meaningful execution risks, margin pressures, valuation challenges, and macro uncertainties. Over a 2-4 year horizon, there is potential upside, but also downside if things don’t go well.


Recent Financials & Key Metrics

Here are the most relevant recent financials and operational metrics:

MetricValue / Trend
Q2 2025 Revenue~$10.4 billion, up ~8% year-over-year. MLQ+1
Organic Sales Growth~5% YoY. Honeywell International Inc.+1
Operating Income & Segment ProfitUp ~7-8% in Q2 in those corresponding segments. Segment margin ~22.9%. Honeywell International Inc.+1
MarginsOperating margin slightly compressed (~30 basis points) to ~20.4%. Segment margins roughly stable with small contractions in some parts, but guidance expects modest margin expansion year over year. Honeywell International Inc.+2Honeywell+2
Free Cash Flow / Operating Cash Flow (FCF / OCF)Full-year guidance: OCF ~$6.7-$7.1B; FCF ~$5.4-$5.8B. In Q2, free cash flow down relative to same period last year. MLQ+3Honeywell+3Honeywell International Inc.+3
Guidance for 2025Sales: $40.8-$41.3B. Organic growth ~4-5%. Adjusted EPS $10.45-$10.65. Segment margin expected to be ~23.0-23.2% and expand modestly. Honeywell+1
Spin-off & Portfolio Restructuring PlanAdvanced Materials (Solstice) spin-off in Q4 2025; full separations of Aerospace and Automation businesses planned, with full structure in place by the second half of 2026. Quantinuum remains majority owned. Honeywell+1

Industry / Macro Drivers

These are the external tailwinds and headwinds that are likely to affect Honeywell over the next few years, particularly in DoD/Aerospace:

  • Rising Defense Spending



    Global defense budgets have been growing (~8-9% in 2024). PwC+1 The U.S. DoD is increasing procurement, R&D, especially in next-gen tech, missiles/munitions, unmanned systems, space. Deloitte+1 The U.S. FYDP (Future Years Defense Program) projects DoD budget to climb to ~$866B (inflation adjusted) by 2029. Congressional Budget Office

  • Aerospace / Flight Aftermarket Recovery



    Commercial aviation is recovering, spare parts / aftermarket demand improving; backlog of orders growing in many aerospace firms. This helps Honeywell’s aerospace units. Honeywell International Inc.+1

  • Growth in Advanced Materials / Environmental Regulation
    Climate, refrigerant regulation, semiconductor fabrications etc. are pushing for new materials / specialty chemicals. Solstice (advanced materials) is well-positioned for that.

  • Quantum Computing / New Tech Exposure via Quantinuum



    Though early stage, Quantinuum gives exposure to what might be a large growth domain in coming years; could deliver outsized returns if commercial adoption accelerates.

  • Risks from Inflation, Supply Chains, Regulatory / Environmental Costs
    Input cost inflation, energy, transport, labor remain risks. Regulations (e.g. around refrigerants, safety, environmental compliance) could raise costs and reduce margins.

  • Macro Uncertainty
    Interest rates, geopolitical risk (wars, trade wars), recession potential, etc., could slow demand in industrials / aerospace. Also foreign demand and export policy matter.


Outlook (2-4 Year)

Given current financials + macro drivers + the spin-off plan, here is what we might reasonably expect over the next 2-4 years for Honeywell, broken into what success might look like, what a base case might deliver, and potential downside.

AreaExpectations in 2-4 Years
Revenue GrowthIn a good case, overall revenue growth (organic + from parts) of ~5-8% CAGR. Some segments (Aerospace / Defense / Solstice) maybe higher (8-12%). In base case more like 4-6%. Bear case could see growth slump to low single digits or flat in some underperforming units.
MarginsSegment margins likely to improve modestly after spin-offs due to more focused operations, better cost control, scale in high-growth areas. On the other hand, industrial automation margin might lag. Overall margin expansion of 50-150 bps possible in bull/base, contraction of similar magnitude in bear case due to cost pressures.
Free Cash FlowThe FCF base is strong; expect FCF to grow at moderate rate unless costs spiral. Capital deployment (spin-off costs, separations, debt, investments in new tech) will eat into some cash. In bull case, FCF growth plus returns via dividends/share buybacks. In base case, steady but moderate improvement. Bear case sees cash flow squeezed by margin compression / higher costs / weaker demand.
Valuation / Market RecognitionWith spin-offs (Solstice, then Aerospace, then Automation), market may assign higher multiples to each focused business vs current conglomerate discount. If markets buy into growth in Solstice and quantum via Quantinuum, could see stock appreciation + value realization. But the timeline is likely 2025-2026 for spins and 2026-2027 for full market recognition.
Role of DoD / Aerospace ContractsGrowth in DoD spending should benefit Honeywell’s Aerospace & Defense / Space segment: more contracts, more backlog, possibly new contracts in unmanned systems, space surveillance, hypersonic defense, etc. Quantum computing may also see government contracts / R&D funding. That helps revenue, backlog, margin stability.

Valuation & Stock Price Considerations

  • Current stock is trading in the low-$200s (≈ $209 as of latest).

  • Forward earnings (2025 expected EPS ~$10.45-$10.65) imply P/E in mid-teens to ~20× depending on how conservatively you assume growth & margins.

  • Some of the upside is embedded, but also likely somewhat priced for spin-offs or expected improvements (though markets often under-estimate execution issues).

  • There is a “conglomerate discount” component: until the spin-offs are cleanly executed and investors have visibility into each entity’s standalone metrics, some of the theoretical value may not be captured.


Bull / Base / Bear Cases

Here are scenarios over ~2-4 years for Honeywell under different assumptions.

ScenarioKey AssumptionsKey Outcomes / MetricsRisks & What Can Go Wrong
Bull Case• DoD / Aerospace demand accelerates (strong government spending, new contracts, favorable export policy, stable macro).
• Spin-offs (Solstice, Aerospace, Automation) occur cleanly, on time, with minimal drag and cost.
• Quantinuum makes meaningful progress commercially or via government funding; visible path to monetization.
• Cost, inflation, supply chain pressures well managed.
• Capital allocation strong: share buybacks, dividends, reinvestment in growth areas.
• Revenue CAGR ~7-9%; Aerospace/Defense & Solstice grow fastest (double digit or near).
• Margin expansion of +100-200 bps overall; some segments seeing high margin improvement.
• Free cash flow growth strong; yield + capital returns meaningful.
• Stock price appreciation + spin-off value realization: total return perhaps +30-60% over 2-4 years (including spin-off payouts, share price gains).
• Higher multiples rewarded (EV/EBITDA, P/E) for individual entities post-separation.
• Delays or cost overruns in spin-offs; regulatory / tax hurdles.
• Weak aerospace commercial demand (e.g. airlines cut orders, macro recession, supply chain bottlenecks).
• Margin squeeze from inflation, energy, labor, especially in advanced materials.
• Quantum tech (Quantinuum) may not commercialize quickly or may require more capital than expected.
• Interest rates stay high; borrowing / financing costs elevated; valuations compressed.
Base Case• DoD / Aerospace demand grows steadily but not spectacularly.
• Spin-offs largely successful but with modest friction; some segments underperform relative to expectations.
• Quantinuum contributes but remains somewhat speculative.
• Inflation / costs moderate; macro environment stable or mild headwinds.
• Revenue CAGR ~4-6%; some segments higher, others lower.
• Margins modest improvement, maybe +50–100 bps; some segments flat or mildly underperform.
• FCF growth steady; capital returns stable (dividends + some buybacks).
• Total return perhaps +10-30% over 2-4 years (stock appreciation + dividend + partial spin-off benefits).
• Market begins to recognize separated entities; valuation improvement but not full peer premium in all segments.
• Some margin pressure erodes gains.
• Spin-off costs / overhead burdens reduce net benefit.
• Aerospace commercial demand might soften, e.g. airline financials, fuel cost, macro recession.
• Geopolitical/trade/regulation could add friction.
• Quantum remains more R&D than profit for longer.
Bear Case• DoD / Aerospace spending growth slows (budget cuts, shifting priorities, geopolitical shifts).
• Spin-offs delayed, over-costed, or create inefficiencies/distractions.
• Quantinuum fails to monetize significantly; R&D cost burdens.
• Inflation / input cost rises sustained; supply chain issues persist.
• Recession or weak demand in industrial sectors; interest rates high.
• Revenue growth low or flat in some segments; possibly overall growth ~1-3%.
• Margin contraction in key segments; overall margin flat or down.
• Free cash flow growth weak or volatile; less capital for returns; possibly debt or financing pressures in spun-off entities.
• Stock price underperforms; total return low to negative (maybe -5% to +5%) over the period.
• Market discounts risks; spun-off entities may trade at lower valuation if unproven or underperforming.
• Unexpected cost shocks (energy, raw materials, regulatory, carbon / environmental compliance).
• Weakness in commercial aerospace (fuel, demand, financing).
• Quantum tech remains more cost than return; investors lose patience.
• Strategic missteps in spin-offs: loss of synergy, duplication of costs, loss of customers or workforce in reorg.

Investment Considerations

Here are additional practical considerations / red flags / questions you should investigate before investing:

  • Spin-Off Financials Visibility: Once Solstice and the separated units publish standalone numbers (revenues, margins, debt, capex), examine them carefully. Sometimes spun-off entities carry inherited issues or lower margins than expected.

  • Quantinuum Exposure: How much capital is needed? What’s the path to positive cash flow / meaningful revenues? What contracts / clients already in hand? Science-to-commercialization timelines are often long, with many technical and regulatory risks.

  • Backlog / Order Pipeline in Aerospace / Defense: For the Aerospace & Defense segment, look at the order book, backlog growth, renewal of government contracts, exposure to delays (e.g. due to supply chain, regulatory).

  • Regulatory / Environmental Risks: Advanced materials (Solstice) may face both upside from environmental regulation (e.g. refrigerants, low-GWP chemicals) and risk (liabilities, compliance, raw material constraints, geopolitical supply).

  • Interest Rates / Cost of Capital: The spin-offs and ongoing investments will require capital; higher interest rates increase cost. Also, share buybacks / dividend policy depend on free cash generation.

  • Valuation Floor: How low could this go if things go badly? What’s the downside risk? Is there a margin of safety in the current price?

  • Competition: Both in aerospace (other OEMs, suppliers), in materials (chemical, specialty materials competitors), in defense tech, and in quantum computing (other entrants, research labs, etc.).

  • Macro / Trade Risk: Exports, trade wars, tariffs, supply constraints, foreign regulatory risk.


Conclusion & Recommendation

Based on the above, here’s my view:

  • Using a 3- to 5-year time horizon, I’d lean towards investing in Honeywell, or starting a position, but not going all in immediately. The upside (particularly from Solstice, increased DoD / Aerospace demand, and quantum exposure) seems meaningful enough to justify exposure, provided you can tolerate some volatility and execution risk.

  • I’d set my expectations modestly: seize gains from spin-off execution and DoD tailwinds, but assume base case unless there is strong evidence (contracts, margin expansion, Quantinuum commercialization) that a bull case is unfolding.

  • I’d also watch carefully for signals: quarterly financials relative to guidance; how the spin-offs are progressing; whether Aerospace / Defense backlog and margin trends stay strong; any regulatory / cost surprises in materials or quantum.

  • If your risk tolerance is lower, or you need returns in <2 years, this is riskier: lot of moving parts (spin-offs, macro risk), and the market might not fully reward the separated entities immediately.

Thursday, October 3, 2024

Quantinuum is pushing the limits of trapped ion technology! Currently a private company, 54% is owned by business powerhouse, Honeywell!

 


Honeywell International Inc. is a diversified technology and manufacturing company that operates across several key business segments. Here is an overview of their primary businesses and insights into their performance:

1. Aerospace

Overview:

  • Products and Services: Honeywell Aerospace provides a wide range of products for aircraft manufacturers, airlines, business and general aviation, military, space, and airport operations. This includes aircraft engines, avionics, flight safety systems, propulsion engines, auxiliary power units, and maintenance services.
  • Industries Served: Commercial aviation, defense and space, business aviation, and general aviation.

Performance:

  • Strong Contributor: The Aerospace segment has historically been one of Honeywell's largest and most profitable divisions.
  • Market Position: Benefiting from a strong market position in both commercial and defense sectors.
  • Growth Drivers: Recovery in air travel demand, advancements in avionics technology, and increased defense spending have positively impacted this segment.

2. Honeywell Building Technologies (HBT)

Overview:

  • Products and Services: HBT offers building management systems, fire safety and security products, energy management solutions, and building controls.
  • Industries Served: Commercial buildings, hospitality, healthcare facilities, educational institutions, and government buildings.

Performance:

  • Steady Growth: Driven by the global emphasis on energy efficiency, smart buildings, and security solutions.
  • Innovations: Introduction of connected and smart building technologies has bolstered the segment's offerings.

3. Performance Materials and Technologies (PMT)

Overview:

  • Products and Services: PMT develops advanced materials, process technologies, automation solutions, and industrial software. This includes specialty chemicals, electronic materials, refining technologies, and gas processing equipment.
  • Sub-Divisions:
    • Honeywell UOP: Provides technology, catalysts, adsorbents, and equipment for the petroleum refining, petrochemical, and gas processing industries.
    • Honeywell Process Solutions: Offers automation control systems and services for industries like oil and gas, chemicals, and mining.
    • Advanced Materials: Produces high-performance materials like fluorocarbons, specialty films, additives, and fibers.

Performance:

  • Robust Segment: PMT has been a strong performer due to consistent demand in the energy, petrochemical, and specialty chemical markets.
  • Growth Factors: Global industrialization, need for efficient processing technologies, and demand for advanced materials have supported growth.

4. Safety and Productivity Solutions (SPS)

Overview:

  • Products and Services: SPS provides personal protective equipment (PPE), gas detection technology, sensors, advanced automation and software solutions, and productivity tools.
  • Industries Served: Manufacturing, logistics, retail, healthcare, and construction.

Performance:

  • Increased Demand: The global focus on workplace safety and automation has driven demand for SPS products.
  • Technological Advancements: Investment in connected devices and software solutions has enhanced the segment's market position.

Best Performing Segments

  • Aerospace and Performance Materials and Technologies (PMT) have traditionally been among Honeywell's top-performing divisions.
  • Aerospace:
    • Revenue Contribution: Significant portion of Honeywell's total revenue.
    • Profitability: High margins due to advanced technology offerings and service contracts.
    • Market Dynamics: Recovery in commercial aviation post-pandemic and sustained defense spending have bolstered performance.
  • Performance Materials and Technologies:
    • Revenue Growth: Steady growth driven by global industrial demand.
    • Innovation: Investment in new technologies and materials has opened up new markets and applications.
    • Strategic Importance: Plays a critical role in industries like energy, where efficiency and advanced materials are key.

Note:

  • Variability: The performance of each segment can fluctuate based on economic conditions, industry trends, and global events.
  • Latest Data: For the most current and detailed financial performance, it's advisable to consult Honeywell's latest annual reports, quarterly earnings releases, and official statements.
  • Strategic Initiatives: Honeywell continues to invest in emerging technologies such as quantum computing (through Quantinuum), sustainability solutions, and digital transformation to drive future growth across all segments.

Related Articles:

Quantum computing leaders, IBM and IONQ have approached QCtech from two different methods, superconduction (IBM) and ION trap technology (IONQ)! Here is a comparison of the two!



Wednesday, June 5, 2024

Zentek Ltd., focuses on nanotechnology-enabled solutions. Here’s what they’re up to:

 Zentek Ltd.

Is a Canada based, Nano Technology company with a focus on making better technology for Healthcare, BioTech, clothing, protection and other markets through it's cutting edge graphene technology that is being patent protected.

Graphene Research and Developmen at Zentek 

Zentek engages in research and development related to graphene and other nanomaterials

  1. ZenGUARD™ Coating:

  2. Collaborative Research Projects:

  3. Viability:

Zentek has filed a provisional patent with the United States Patent and Trademark Office for a novel Graphene-Wrapped Silicon Anode material developed by Prof. Michael Pope and his team at the University of Waterloo.

 This technology aims to improve lithium-ion batteries by upgrading graphite to graphene-wrapped silicon anodes


Remember, investing decisions should consider comprehensive research and professional advice. Zentek’s commitment to breakthroughs in health, safety, and the environment makes it an intriguing player in the field


Disclosure: We have made a small investment recently in this Canadian co which is still in penny stock territory!

ZEN.tsx


"The rapid and complete resolution of aggressive MSS colorectal cancer tumors observed in this study is unprecedented in the field" says the author Dr. Kasi

Thursday, August 27, 2015

IBC Advanced Alloys Appoints Chris Huskamp Acting President of IBC Engineered Materials

IBC Advanced Alloys Corp.IBC Advanced Alloys Corp.
TSX VENTURE :IB
OTCQX : IAALF



August 26, 2015 09:00 ET


WILMINGTON, MASSACHUSETTS and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2015) - IBC Advanced Alloys Corp. (OTCQX:IAALF)(TSX VENTURE:IB) ("IBC" or the "Company") is pleased to announce that it has appointed Mr. Chris Huskamp as acting President of its subsidiary IBC Engineered Materials Corp. ("EMC"). Mr. Huskamp is an advanced automotive and aerospace materials expert and has been with the Company since 2011, initially as a consultant, and since 2014, as Vice President of Business and Technical Development.
"I am very excited by the aerospace, automotive and wider market opportunities for IBC and our Beralcast® alloys," said Chris Huskamp, "and look forward to working closely with our growing customer base to realize the potential of these important alloys. Design engineers are increasingly focused on weight savings while cost effectively maintaining strong materials performance," continued Huskamp. "IBC's Beralcast® alloys offer a wide range of excellent benefits and represent an exciting growth opportunity."
Prior to joining IBC, Chris was an Associate Technical Fellow at The Boeing Company in St. Louis where he developed high performance materials solutions for military and commercial aerospace projects. At IBC he has focused on aerospace applications for Beralcast®, the Company's proprietary beryllium aluminum casting alloys, and has been a key member of IBC's team providing Lockheed Martin with Beralcast® components for the F-35 Lightning II program.
"Chris has proven himself an indispensable asset to IBC and its customers and we are excited to be working with him in this new role," said Anthony Dutton, President and CEO of IBC Advanced Alloys. "His experience, enthusiasm and leadership skills will be invaluable for the growth of EMC and Beralcast®."
Mr. Huskamp is replacing Mr. Ray White who has resigned as President of EMC. "Ray White was critical in establishing IBC as a leading supplier of beryllium aluminum cast components," said Anthony Dutton. "I want to thank Ray for his role in founding, developing and positioning EMC for growth."
With his compensation, Mr. Huskamp will be awarded an additional options package with standard vesting provisions. The options, priced at C$0.12, are being awarded as part of an aggregate award of 1,200,000 options to include other consultants, directors and officers.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. 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

Monday, April 20, 2015

IBC Copper Alloys Receives $1.3 Million Order From Asian Precision Manufacturing Multinational

Tiny Canadian firm, IBC Alloys having breakout year in U.S. Aerospace

Our top pick of 2015 in the Microcap Space, IBC Advanced Alloys Corp, is on a roll.
In the past six months it has signed no less than four (4) new contracts with Aerospace
companies and has many more "irons in the fire". Technicals are extremely bullish.

This small Canadian listed firm, has four operating plants in the USA and the U.S. Aerospace industry is becoming it's oyster.

Here are the headlines:





Up 30% in the past month, IBC Advanced Alloys is making great progress utilizing it's proprietary materials casting technology.  The aerospace industry is only now coming to know this technology and it's benefits.  We think the sky s the limit for this up and comer.

Remember, penny stocks are "highly speculative", and should never constitute more than 5-10% of any portfolio. They are not for the faint of heart. Money you need for retirement should not be invested in "any" speculative stocks.

Having said that, we have been following this tiny gem for over a year now and accumulating it's stock on dips.  From here on in, I doubt if there will be many dips to take advantage of, but that doesn't matter now that contracts are getting signed one after another.

With their foot in the door of U.S. Aerospace and defense contractors, and several new partners in Europe, expansion of this microcap should be astronomical in the coming year or so.  We're holding on the for what we expect will be an incredible ride.

Ed

NOTE: IBC Advanced Alloys is currently a penny stock and trades on the Toronto Venture Exchange under the symbol IB.

It also trades on the OTC in the U.S. under the symbol  IAALF.

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

Gold production up at Brigus Gold's Black Fox Mine.

Brigus Gold Exceeds Q1 Production Target9:15AM ET on Monday Apr 08, 2013 by Business Wire
Brigus Gold Corporation ("Brigus" or the "Company")(NYSE MKT: BRD; TSX: BRD) is pleased to announce record production levels of 26,316 gold ounces in the first quarter of 2013.

"Operationally Brigus has never been stronger," said Daniel Racine, Brigus' President and Chief Operating Officer. "Much of our production success can be attributed to the underground gold grades which continued to exceed reserve grades during the quarter."


      Operating Results        First Quarter   Change  Fourth Quarter   Change
                             -----------------         --------------
                               2013     2012                2012
---------------------------  -------  -------  ------  --------------  -------
Tonnes milled                183,819  180,965   2,854         185,727  (1,908)
---------------------------  -------  -------  ------  --------------  -------
Tonnes per day                 2,042    1,989      53           2,019       23
---------------------------  -------  -------  ------  --------------  -------
Average recovery (%)              94       96     (2)              94        -
---------------------------  -------  -------  ------  --------------  -------
Average grade (gpt)             4.74     3.04    1.70            4.04     0.70
---------------------------  -------  -------  ------  --------------  -------
Gold production (ounces)      26,316   16,922   9,394          22,672    3,644
---------------------------  -------  -------  ------  --------------  -------
Gold sold (ounces)            27,818   16,033  11,785          20,175    7,643
---------------------------  -------  -------  ------  --------------  -------
Gold price (US$/ ounce) (1)   $1,626   $1,687   $(61)          $1,712    $(86)
---------------------------  -------  -------  ------  --------------  -------
(1) Excludes the impact of sales under the Goldstream agreement

Brigus Gold produced a total of 26,316 gold ounces in Q1 2013, a 16 percent increase from the 22,672 ounces produced in the fourth quarter of 2012 and a 56 percent increase over the same period in 2012.

The Black Fox mill processed 183,819 tonnes of ore at an average grade of 4.74 grams of gold per tonne and an average recovery of 94 percent in the quarter. Throughput averaged 2,042 tonnes per day.
The Company will release complete first quarter financial and operational results on May 14, 2013.
2013 Outlook In 2013, Brigus will fund Black Fox and Grey Fox operations with internally generated cash flows. Brigus' production guidance for 2013 is 90,000 to 100,000 ounces and cash costs are anticipated to be in the range of $700 - $750 per ounce.

Capital costs for 2013 are forecasted as follows; $16 million (M) for underground sustaining capital, $6M for development capital relating to the underground, $13M for open pit capital stripping and overburden removal, $6M for property plant, equipment and other capital items, $2.5M for underground exploration, and $12M for development of the Grey Fox Mine and exploration on the Black Fox Complex.

The Company remains focused on increasing gold resources at Grey Fox and at the Black Fox underground mine through targeted exploration drilling which will continue throughout the year.

About Brigus Gold
 Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox mine and mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus has the Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.
Cautionary and Forward-Looking Statements Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the ability of the Company to achieve its production, total cash costs, steady state annual production and mining rate estimates; increase in gold production; increase in profitability; exploration drill results and resource additions, are forward-looking statements and estimates that involve various risks and uncertainties. This forward-looking statements include, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the outcome of legal proceedings, the issue of permits, the size and quality of the Company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the Company.
Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus' most recent Annual Information Form and Management Discussion and Analysis filed under the Company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov as well as elsewhere in Brigus' documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex Equities, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.


SOURCE: Brigus Gold Corporation

Brigus Gold Corporation 
Kate Wood, (902) 442-7184 
Manager, Investor Relations 
kwood@brigusgold.com

Tuesday, November 27, 2012

Focus Graphite Announces R&D Agreement Between Grafoid Inc. and Hydro-Quebec's IREQ for Next Generation LFP-Graphene Batteries

20 hours ago by Marketwire Focus Graphite Inc (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) is pleased to announce that Grafoid Inc. - in which Focus Graphite holds a 40% ownership stake - has executed a three-year research and development agreement with Hydro-Quebec's Research Institute for the development of next generation rechargeable batteries using graphene with lithium iron phosphate materials.

Focus Graphite President and CEO Gary Economo, who holds the same position with Grafoid, announced the signing of the joint R&D agreement with Dr. Karim Zaghib, Director Storage and Conversion of Energy at Hydro-Quebec's research and development division, l'Institut de recherche d'Hydro-Quebec (IREQ).
The 50-50 collaborative agreement sets out terms with the objective of creating patentable inventions by combining graphene, supplied by Grafoid, with Hydro-Quebec's patented lithium iron phosphate technologies.

Two key, specific commercial target markets - the rechargeable automobile battery sectors and batteries for mobile electronic devices used in smartphones, computing tablets and laptop computers - were identified in the agreement. 

Hydro-Quebec will study Grafoid's graphene conductivity, electrochemical performance and its effects in electrode formulations, electrolyte and separator optimizations. Detailed characterizations of Grafoid's supplied materials will be undertaken at IREQ's cutting edge facilities using its advanced electron microscopy, spectrographic and other in-house technologies.

Hydro-Quebec will also supply lithium iron phosphate materials and its electrochemistry know how which it acquired under license from famed American inventor Dr. John Goodenough.

Grafoid, in addition to providing graphene materials, brings knowledge acquired during its own development of functionalized graphene and its experience in proving graphene's economic scalability.

"This agreement is noteworthy for numerous reasons," said Mr. Economo.

"This is our first major graphene collaboration with a Quebec and a Canadian global giant in renewable energy research and development. And the source of our graphene is Focus Graphite's Lac Knife, Quebec technology graphite deposit.

"Commercially, and ultimately, our technology development partnership with Hydro-Quebec aims to produce high capacity, LFP-graphene batteries with ultra short charging times and longer recyclable lifetimes," Mr. Economo said. 

He said the parties chose to focus their collaboration on LFP-graphene batteries and materials because of their short-term-to-market potential.

About Focus Graphite
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 Cote-Nord region of northeastern Quebec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis ("PEA") of the Lac Knife project which demonstrates that the project has robust economics and excellent potential to become a profitable producer of 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.

About Grafoid Inc.
Grafoid, Inc. is a privately held Canadian corporation investing in graphene applications and economically scalable production processes for graphene and graphene derivatives from raw, unprocessed, graphite ore. Focus Graphite Inc., holds a 40% interest in Grafoid Inc.
 
About IREQ
Hydro-Quebec's research institute, IREQ, is a global leader in the development of advanced materials for battery manufacturing and creates leading edge processes from its state of the art facilities. IREQ holds more than 100 patent rights and has issued over 40 licenses for battery materials to some of the world's most successful battery manufacturers and materials suppliers. Its areas of expertise include energy storage and IREQ is a lead partner with private sector companies in Quebec to build EV and HEV charging stations in support of its technology developments. Its material development contributions are helping to develop safe, high-performance lithium ion batteries that can be charged more quickly and a greater number of times. IREQ promotes open innovation and partners with private firms, universities, government agencies and research centers in Quebec and abroad. Its partnerships allow IREQ to develop, industrialize and market technologies resulting from those innovation projects.
About Hydro-Quebec
Hydro-Quebec is Canada's largest electricity producer among the world's largest hydroelectric power producers and a public utility that generates, transmits and distributes electricity. Its sole shareholder is the Quebec government. It primarily exploits renewable generating options, in particular hydropower, and supports the development of wind energy through purchases from independent power producers. Its research institute, IREQ, conducts R&D in energy efficiency, energy storage and other energy-related fields. Hydro-Quebec invests more than $100 million per year in research.
Contacts:
Focus Graphite Inc.
Mr. Gary Economo
President and CEO
613-691-1091 ext. 101
geconomo@focusgraphite.com


SOURCE: Focus Graphite Inc.
mailto:geconomo@focusgraphite.com
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