Tag Archives: Quatre Milles

Canadian nanobusiness news bitlets: NanoStruck and Lomiko Metals

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The two items or ‘news bitlets’ about Canadian nano business don’t amount to much; one concerns a letter of intent and the other, an offer of warrants (like stock options) which likely expired today (March 13, 2014).

It seems NanoStruck Technologies is continuing to make headway in Mexico (as per my Feb. 19, 2014 posting about the company’s LOI and gold mine tailings in Zacatecas state) as the company has signed another letter of intent (LOI), this time, to treat wastewater in the region of Cabo Corrientes. From a March 11, 2014 news item on Azonano,

NanoStruck Technologies Inc. (the “Company” or “NanoStruck”) announces the signing of a Letter of Intent (LOI) with the town of El Tuito to use the Company’s NanoPure technology to treat wastewater from the municipality of Cabo Corrientes in Mexico.

The parties are in dialogue for the treatment of household residual water, which contains food, biodegradable matter, kitchen waste and organic materials. The Company’s NanoPure solution uses chemical-free processes and proprietary nano powders that can be customised to remove such contaminants.

The March 10, 2014 NanoStruck Technologies news release (which originated the news item) link on the company website leads to the full text here on heraldonline.com (Note: Links have been removed),

Homero Romero Amaral, President of the Municipality of Cabo Corrientes said: “NanoStruck’s NanoPure technology is a proven solution for the treatment of residual water in an environmentally friendly way. Its low energy consumption means it also maintains a low carbon footprint.”

Bundeep Singh Rangar, Interim CEO and Chairman of the Board said: “We are privileged to be given the opportunity to work with the Cabo Corrientes municipality to create a long-term residual wastewater treatment solution.”

El Tuito is the capital of Cabo Corrientes, a cape on the Pacific coast of the Mexican state of Jalisco. It marks the southernmost point of the Bahía de Banderas (Bay of Flags), where the port and resort city of Puerto Vallarta is situated.

The Municipality and NanoStruck have commenced negotiation of a definitive agreement regarding the use of the NanoPure technology and hope to complete a binding agreement within 90 days.

My next bitlet concerns, Lomiko Metals and its short form prospectus and offering. From the company’s March 7, 2014 news release (also available on MarketWired),

LOMIKO METALS INC. (TSX VENTURE:LMR) (the “Company” or “Lomiko”) is pleased to announce that it has obtained a final receipt for its short form prospectus (the “Prospectus”) in each of the provinces of British Columbia, Alberta and Ontario, which qualifies the distribution (the “Public Offering”) of (i) a minimum of 6,818,182 units (the “Units”) and a maximum of 27,272,727 Units of the Company at a price of $0.11 per Unit, and (ii) a maximum of 7,692,308 flow-through units (the “Flow-Through Units”) of the Company at a price of $0.13 per Flow-Through Unit, for minimum total gross proceeds of $750,000 and maximum total gross proceeds of $4,000,000.

Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant being a “Unit Warrant”). Each Flow-Through Unit consists of one Common Share to be issued on a “flow-through” basis within the meaning of the Income Tax Act (Canada) (each a “Flow-Through Share”) and one-half of one common share purchase warrant (each whole warrant being a “Flow-Through Unit Warrant”).

Each Unit Warrant will entitle the holder thereof to purchase one common share of the Company (the “Unit Warrant Shares”) at a price of $0.15 per Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering. Each Flow-Through Unit Warrant will entitle the holder thereof to purchase one common share of the Company (the “Flow-Through Unit Warrant Shares”) at a price of $0.20 per Flow-Through Unit Warrant Share at at any time before the date that is 18 months following the closing date of the Public Offering. The Public Offering will be conducted on a “best effort” agency basis through Secutor Capital Management Corporation (the “Agent”), pursuant to an agency agreement dated March 6, 2014 (the “Agency Agreement”) between the Company and the Agent in respect of the Public Offering.

Pursuant to the Agency Agreement, the Company has also granted an over-allotment option to the Agent, exercisable for a period of 30 days following the closing of the Public Offering, in whole or in part, to purchase additional Units and Flow-Through Units in a maximum number equal to up to 15% of the number of Units and Flow-Through Units respectively sold pursuant to the Public Offering. In connection with the Public Offering, the Company will pay the Agent a cash commission equal to 8% of the gross proceeds of the Public Offering and grant compensation options to the Agent entitling it to purchase that number of common shares of the Company equal to 6% of the aggregate number of Units and Flow-Through Units issued and sold under the Public Offering (including the over-allotment option) for a period of 18 months following the closing date of the Public Offering, at a price of $0.11 per common share.

The Company is also pleased to announce it has received conditional approval from the TSX Venture Exchange for its previously announced concurrent non-brokered offering of up to 15,346,231 flow-through units (the “Private Placement Units”) for additional gross proceeds of $2,000,000 (the “Private Placement”). The securities underlying the Private Placement Units will be issued on the same terms as the securities underlying the Flow-Through Units to be issued under the Public Offering. The Company has agreed to pay to Secutor Capital Management Corporation a finder’s fee of 8% in cash and the issuance of a warrant to purchase the number of common shares of the Company equal to 6%, exercisable at $0.13 per share for 18 months from the date of issuance. The securities to be issued under the Private Placement will be subject to a four-month hold period from the closing date of the Private Placement.

The net proceeds from the Public Offering and the Private Placement will be used by Lomiko primarily in connection with the exploration program on the Quatre-Milles East and West mineral properties (Quebec), for business development and for working capital and general corporate purposes. In particular, the proceeds of the flow-through shares under the Public Offering and the Private Placement will be used by the Company to incur eligible Canadian Exploration Expenses as defined by the Income Tax Act (Canada).

Closing of the Public Offering and of the Private Placement is expected to occur on or about March 13, 2014, or such other date as the Agent and the Company may determine. The TSX Venture Exchange has conditionally approved the listing of the securities to be issued pursuant to the Public Offering and the Private Placement. The Public Offering and the Private Placement are subject to customary conditions and the final approval of the TSX Venture Exchange.

The Units, the Flow-Through Units and the Private Placement Units have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and may not be offered, sold or delivered, directly or indirectly, within the United States, or to or for the account or benefit of U.S. persons unless the Units, the Flow-Through Units and the Private Placement Units are registered under the 1933 Act or pursuant to an applicable exemption from the registration requirements of the 1933 Act. This press release does not constitute an offer to sell, nor it is a solicitation of an offer of securities, nor shall there be any sale of securities in any state of the United States in which such offer, solicitation or sale would be unlawful.

You’re on your own with regard to determining how good an investment this company might be. The company’s March 10, 2014 newsletter does point to two analyses (although, again, you’re on your own as to whether or not these are reputable analysts), The first analyst is Gary Anderson (self-described as a Investor, trader, researcher, and writer- exclusively in 3D Printing Stocks.). He writes this in a Dec. 27, 2013 posting on 3DPrintingStocks.com,

I spend a great deal of time looking for what I believe are legitimate, undiscovered stocks in the 3D printing space because I believe that’s where the major gains will be over a 3-6 month period as they undergo discovery by the broader market.

The little-known penny stock [Lomiko Metals] I’m introducing today has legitimate upside potential for 3D printing investors based on four factors:

  1. The market for their product
  2. Current and potential future value of existing assets
  3. Supply and demand imbalance predicted
  4. Entrance into 3D printing materials market with an established leader

….

3D printing investors looking for a materials supplier as part of their 3D printing portfolio may want to consider Lomiko Metals.  I believe there is limited downside risk at current levels due to the intrinsic value of the company’s hard assets in their Quatre Milles graphite property, and potential for significant share price appreciation due to the four factors discussed above.

Graphene has extraordinary potential as a game-changing material for 3D printing.  Early movers like Lomiko Metals in partnership with Graphene Labs could become the beneficiaries of this amazing material’s potential as it becomes commercialized and utilized in 3D printed components and products that contain revolutionary properties.

Disclosure:    I am long shares of Lomiko Metals.  I received no compensation from Lomiko Metals or any third party for this article.

…

Lomiko Mines, graphene, 3D printing, and the World Outlook Financial Conference and the launch of an international sustainable mining institute in Vancouver, Canada

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I have two items one of which concerns Lomiko Metals and the other, a new institute focused on extraction launched jointly by the University of British Columbia (UBC), Simon Fraser University (SFU) and l’École Polytechnique de Montréal (EPM).

First, there’s a puzzling Jan. 28, 2014 news item on Nanowerk about Lomiko Metals (a company that extracts graphite flakes from the Quatre Milles property in Québec, and its appearance at the 2014 World Outlook Financial Conference being held in Vancouver,

Lomiko Metals Inc. invite [sic] investors to learn about 3d printing at the World Outlook Conference. Lomiko partner Graphene 3D Lab has reached a significant milestone by filing a provisional patent application for the use of graphene-enhanced material, along with other materials, in 3D Printing. 3D printing or additive manufacturing is the process of creating a three-dimensional, solid object from a digital file, of virtually any shape. 3D printing is achieved using an additive process, whereas successive layers of material are laid down and create different shapes.

Unsure as to whether or not Lomiko Metals would be offering demonstrations of 3D printed items containing graphene at the conference, I sent a query to the company’s Chief Executive Officer, A. Paul Gill who kindly replied with this,

The demonstration being done is by the Conference not by Lomiko.  We were going to do something at our booth but we didn’t want to steal any thunder from the WOC or Tinkinerine which is a 3D Printing manufacturer and is going public through a merger with White Bear Resources. (TSX-V: WBR).

The Jan. 27, 2013 [sic] Lomiko Metals news release, which originated the news item, did have this to say about graphene and 3D printing (Note: I live in dread of accidentally writing 2013 when I mean 2014),

Adding graphene to polymers which are conventionally u sed in 3D printing improves the properties of the polymer in many different ways; it improves the polymers mechanical strength as well as its electrical and thermal conductivity. The method described in the provisional patent application allows consumers to use the polymer, infused with graphene, together with conventional polymers in the same printing process, thereby fabricating functional electronic devices using 3D printing.

New developments in 3D printing will allow for the creation of products with different components, such as printed electronic circuits, sensors, or batteries to be manufactured. 3D Printing is a new and promising manufacturing technology that has garnered much interest, growing from uses in prototyping to everyday products. Today, it is a billion dollar industry growing at a brisk pace.

For those eager to find out about investment opportunities in 2014, here’s the World Financial Outlook Conference website. I was surprised they don’t list the conference dates on the homepage (Jan. 31 – Feb. 1,2014) or any details other than the prices for various categories of registration. There is a Speakers page, which lists John Biehler as their 3D printing expert,

John Biehler is a Vancouver based photographer, blogger, gadget geek, mobile phone nerd, teacher, traveler, 3D printer builder/operator, maker & all around curious person.

He co-founded 3D604.org, a club of 3d printing enthusiasts who meet monthly and help share their knowledge of 3d printing at many events. He has spoken at numerous conferences including SXSW Interactive, Northern Voice, BarCamp and many others.

John is a regular contributor to Miss604.com, the DottoTech radio show, the Province newspaper and London Drugs blogs as well as doing a weekly Tech Tuesday segment on News 1130 radio and many other online, print, radio and television outlets. He is currently writing his first book (about 3D printing) that will be published in 2014 by Que.

You can find the conference agenda here. Biehler’s talk “3D Printing: The Future is Now” is scheduled for Saturday, Feb. 1, 2014 at 10:45 am PDT.

Sustainable extraction

A January 29, 2014 University of British Columbia (UBC) news release announced this (Note: Links have been removed),

International sustainable mining institute launched

A new Canadian institute that will help developing countries benefit from their mining resources in environmentally and socially responsible ways was officially launched in Vancouver today.

The Canadian International Institute for Extractive Industries and Development (CIIEID) is a coalition between the University of British Columbia, Simon Fraser University, and École Polytechnique de Montréal (EPM). Institute Interim Executive Director Bern Klein was joined for the launch in Vancouver by UBC’s Vice President Research & International John Hepburn, SFU President Andrew Petter, and EPM CEO Christophe Guy.

“Nations want to develop their mineral, oil and gas resources,” says Klein, also a professor of mining engineering at UBC. “But many lack the regulatory and policy frameworks to make the most of their natural resources, while also considering the needs of affected communities. We want them to have the capacity to use their resources to enhance livelihoods, improve dialogue and mitigate environmental harm.”

In November 2012 the Department of Foreign Affairs, Trade and Development (then CIDA) announced the award of $25 million to a coalition of the three academic institutions to form the Institute. Since then, the Institute has set up operations and is connecting with partner nongovernmental organizations, governments, professional associations, and industry. It is now beginning program development.

Programming will put the Institute and its partners’ knowledge and resources at the service of foreign governments and local communities. Its work will focus on four main areas: applied research, community engagement, education, and governance of natural resources.

For more information about the Institute, visit the website at: http://ciieid.org.

I have searched the CIIEID website to find out how the government or anyone else for that matter determined that Canadians have any advice about or examples of sustainable extraction to offer any other country.  I remain mystified. Perhaps someone reading this blog would care to enlighten me.

Lomiko Metals and Graphene Laboratories announce 3D printing spinoff company

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A Nov. 25, 2013 news item on Azonano announces a new 3D printing company, Graphene 3D Labs,

LOMIKO METALS INC. (the “Company”) announced today the formation of Graphene 3D Labs Inc. to focus on the development of high-performance graphene-enhanced materials for 3D Printing. Dr. Daniel Stolyarov of Graphene Laboratories Inc. (“Graphene Labs”) was appointed CEO and Dr. Michael Gouzman, a leading expert in 3D Printing, was appointed VP of Engineering and Technology.

On February 12, 2013 the Company had entered into a Strategic Alliance Agreement (“SAA”) with Graphene Labs. The creation of Graphene 3D Labs, a spin-out of Graphene Labs, is a result of R&D efforts during the duration of the SAA.

It’s been a busy year for Lomiko Metals (based in Surrey, BC, Canada) as per my April 17, 2013 posting about its graphite flake testing and its graphite mine (Quatre Milles) in Québec and my May 30, 2013 posting about its agreement/strategic alliance with the Research Foundation of Stony Brook University (RF) based in New York State. This latest effort according to the Nov. 22, 2013 Lomiko Metals news release, which originated the news item, describes the reasons for creating a spinout company to pursue applications,

3D Printing is a new and promising manufacturing technology that has garnered much interest, growing from uses in prototyping to everyday products. Today, it is a billion dollar industry growing at a brisk pace. New developments in 3D printing will allow products with different components such as printed electronic circuits, sensors or batteries to be manufactured.

High quality graphite is a base material for producing graphene. Lomiko will provide graphite to Graphene 3D Labs as the exclusive supplier to Graphene 3D Labs and invest $ 50,000 in the start-up for 250,000 preferred shares which are entitled to dividends. Lomiko will require a minimum of $ 300,000 financing by May 1, 2014 to participate in the venture and further financings to participate in a series of graphene-related ventures in addition to work on a graphite resource at the Quatre Milles Project. The transaction is arm’s length and subject to the approval of the TSX. [Toronto Stock Exchange]

“Our involvement in Graphene 3D Labs is a concrete first step into the world of Graphene, 3D Printing and Printed Electronics. This is a rapidly developing new market for high quality naturalgraphite.” stated A. Paul Gill, CEO from the Graphene Live! Conference in Santa Clara, California held November 19-22, 2013.

Dr. Elena Polyakova, CEO of Graphene Labs, was a speaker on Graphene Live! and stated, “We anticipate graphene-enabled materials to revolutionize 3D printing. We anticipate strong demand in airspace, automotive, semi-conductor and advanced manufacturing industries.”

Currently Lomiko and Graphene Labs are working toward the integration of graphene-based products into end-user goods as set out in the Strategic Alliance. [emphasis mine] Lomiko’s high quality graphite and the extensive customer database cultivated by the experts at Graphene Labs will prove indispensable to reaching production and commercialization goals.

This business of developing a market for your raw materials is an approach the folks at CelluForce in Quebec and the new CNC (cellulow nanocrytals, aka, nanocystalline cellulose [NCC]) plant in Alberta might consider taking, if they haven’t already. (Note: My Nov. 19, 2013 posting both announces the new CNC in Alberta and makes mention of the CNC stockpile in  Québec.)

You can find out more about Graphene Laboratories here and about Graphene 3D Laboratories here. For anyone interested in the Graphene Live! conference, (Nov. 20-21, 2013), there will be presentations and audio available soon (as of Nov. 25, 2013) according to the website.

Lomiko Metals, batteries, graphite/graphene, and a strategic alliance with the Research Foundation of Stony Brook University and Graphene Laboratories, Inc.

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Lomiko Metals, a Vancouver-based (Canada)  company, has been mentioned here with respect to a property in Québec (Quatre Milles) containing graphite flakes in an April 17, 2013 posting, which also mentioned the company’s strategic alliance with Graphene Laboratories Inc.

Building on that previous announcement Lomiko Metals has announced a new member to the strategic alliance in a May 30, 2013 news item on Azonano,

LOMIKO METALS INC. (the “Company”) announces that the Research Foundation of Stony Brook University (RF), Graphene Laboratories, Inc. (Graphene Labs) and Lomiko Metals, Inc. have agreed to investigate novel, energy-focused applications for graphene.

“This new agreement with Stony Brook University’s researchers means Lomiko is participating in the development of the technology graphene makes possible,” commented Paul Gill, CEO of Lomiko. “Using graphene to achieve very high energy densities in super capacitors and batteries is a transfomative technology. Strategically, Lomiko needs to be participating in this vital research to achieve the goal of creating a vertically integrated graphite and graphene business.”

The May 29, 2013 Lomiko Metals news release, which originated the news item, has more details,

Under its Strategic Alliance Agreement with Lomiko, Graphene Labs — a leading graphene manufacturer — will process graphite samples from Lomiko’s Quatre Milles property into graphene. The Research Foundation, through Stony Brook University’s Advanced Energy Research and Technology Center (AERTC) and the Center for Advanced Sensor Technology (Sensor CAT), will then examine the most efficient methods of using this graphene for energy storage applications. There is no certainty the roposed [sic]  operaton [sic] will be economically viable.

…

For all parties involved, the goal of this collaboration is to map commercially viable routes for the fabrication of graphene-based energy storage devices. By participating in these projects, the partners will address the cost of graphene production, as well as how best to integrate the material into commercial energy storage devices.

As I find the various business/academic partnerships interesting, I’m including the About section of the news release,

About Graphene Laboratories Inc.

Graphene Laboratories, Inc. primary focus is to apply fundamental science and technology to bring functional advanced materials and devices to market.
Graphene Laboratories Inc. operates the Graphene Supermarket® (www.graphene-supermarket.com), and is a leading supplier of advanced 2D materials to customers around the globe. In addition to the retail offering of advanced 2D materials, it offers analytical services, prototype development and consulting.

Located in Calverton NY, Graphene Labs benefits from the unique high tech community on Long Island. Efforts by Graphene Laboratories are supported by Brookhaven National Laboratory, Stony Brook Business Incubator, and the Clean Energy Business Incubator Program (CEBIP), hosted by the New York State Energy Research and Development Authority (NYSERDA).

For more information on Graphene Laboratories, Inc, visit www.graphenelabs.com or contact them at (516)-382-8649 or via email at info@graphenelabs.com

About AERTC

Located in the Research and Development Park on the campus of Stony Brook University, the Advanced Energy Incubator is space that is home to companies within the Advanced Energy Center. The Advanced Energy Center (www.aertc.org) is a true partnership of academic institutions, research institutions, energy providers and companies. Its mission is innovative energy research, education and technology deployment with a focus on efficiency, conservation,renewable energy and nanotechnology applications for new and novel sources of energy.

About Sensor CAT

The New York State Center for Advanced Technology at Stony Brook University provides intellectual, logistical, and material resources for the development of new product technologies – by facilitating R&D partnerships between New York companies with an in-state footprint and university researchers. The important outcomes are new jobs, new patents, training of students in company product matters, and improved competitiveness for New York State businesses.

About Lomiko Metals Inc.

Lomiko Metals Inc. is a Canadian based exploration-stage company. Its mineral properties include the Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries. On October 22 and November, 13 2012, Lomiko Metals Inc. announced 11 drill holes had intercepted high grade graphite at the 3,780 Ha Quatre Milles Property. On March 15, 2013 Lomiko reported 75.3% of graphite tested was >200 mesh and classified as graphite flake with 38.36% in the >80 mesh, large flake category. 85.3% of test results higher than the 94% carbon purity considered high carbon content, with the median test result being 98.35%.

The highlight of Lomiko’s testing was nine (9) sieve samples which captured flakes of varying sizes which tested 100.00% carbon. Both fine and flake material may be amenable to graphene conversion by Lomiko Metals Inc. partner Graphene Laboratories.

The project is located 175 km north of the Port of Montreal and 26 km from a major highway on a well-maintained gravel road.

For more information on Lomiko Metals Inc., review the website at www.lomiko.com or contact A. Paul Gill at 604-729-5312 or email: info@lomiko.com

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.

I couldn’t resist that last bit either. As I understand it, this means ‘caveat emptor’ or buyer beware. In short do your research.

Lomiko’s Quatre Milles graphite flakes—pure and ultra pure

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An Apr. 17, 2013 news item on Nanowerk announces that Lomiko Metals, a Canadian company, is having some graphite flakes tested, a fact I find less interesting than the (heretofore unknown to me) existence of the Quatre Milles mine,

Lomiko Metals announces that it has prepared a variety of high to ultra pure carbon flake graphite samples for testing by Strategic Alliance Partner Graphene Laboratories Inc., which has been involved in researching graphene and the development of graphene-related products.

Lomiko and Graphene Labs plan to co-develop a vertically integrated supply chain that includes a secure supply of high-quality graphite, cost-effective and scalable processing, tight quality control and integration of graphene-based products in end-user products. The parties will capitalize on the secure supply of high quality graphite, provided by Lomiko, and the extensive customer database and expertise in graphene materials brought by Graphene Labs. [emphasis mine]

The Lomiko Metals Apr. 16, 2012 news release describes the source of that “secure supply of high quality graphite”,

Lomiko will provide mineral samples from the Quatre Milles Project required for testing natural high quality flake graphite for graphene conversion. [emphasis mine] The primary goal of testing is for Graphene Labs to develop a feasible procedure for the purification of flake graphite for use in graphene production. Graphene Labs will also provide guidance on technologies tailored to the production of graphene and graphene-related materials.

Further, Lomiko will continue to work towards securing financing to complete the acquisition of the Quatre Milles West Property.

Here’s more about Lomiko Metals, from the website’s Corporate page,

Lomiko Metals is focused on the exploration and development of minerals for the new green economy. The company has graphite properties in Quebec and a Zinc Discovery in Northern B.C.

The Company is a reporting issuer and an exchange issuer under the Securities Act of British Columbia and Alberta and, as such, is required to make filing on a continuous basis there under. Such material is available for inspection at www.sedar.com. The Issuer’s common shares are listed and posted for trading on the TSX-Venture Exchange.

The company also provides more information about Quatre Milles,

The Quatre Milles East Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares. …

…

The property was originally staked and explored by Graphicor Resources Inc. (“Graphicor”) in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province. Lomiko recently optioned the Quatre Milles West Property, a 2180 Ha Property with similiar geology. Combined, the Quatre Milles Property is 3,780 Ha.

The Quatre Milles page also features an analysis of the graphite market,

Global consumption of natural graphite has increased from approximately 600,000 tonnes in 2000 to roughly 1.2 million tonnes in 2011. Demand for graphite has been increasing by approximately 5 per cent per year since 2000 due to the continuing modernization of China, India and other emerging economies, resulting in strong demand from traditional end uses such as the steel and automotive industries. Graphite also has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power that have the potential to create significant incremental demand growth. There is roughly 10-20 times more graphite in a lithium-ion battery than there is lithium. Demand for graphite is expected to rise as electric vehicles and lithium battery technology are adopted.

They may want to update that section about the market for graphite in light of recent events as per my Jan. 28, 2013 posting regarding the 1B Euro graphene research project in Europe and my Feb. 19, 2013 posting on UK commercialization efforts.

There’s more about the New York state-based Graphene Laboratories here.