Aug 22

Grafoid Opens its New MesoGraf Production Facilities To Further Graphene Based 3D Printing

Repost from http://3dprint.com/12713/grafoid-3d-print-graphene/

graf-1 Prior to my endeavors into the world of 3D printing, I had been a major tech-optimist. Understanding that the exponential progress we are seeing in a number of key technological fields, I envision an incredibly bright future, no mater what field you are involved in. Whether it’s the coming of age of artificial intelligence, 3D bioprinting, a better understanding of the human genome, or the progress we are seeing in terms of solar power and renewable energies, our lives are all about to change for the better.

Probably one of the most exciting areas is material science, where researchers are finding ways to more easily mass produce a material known as graphene. Graphene is the one-atom-thick, extremely strong and light, honeycomb lattice structure of carbon atoms, which has potential applications in just about every industry. Back when I first heard about graphene, I never would have imagined how quickly this technology would have intersected that of 3D printing, but certain things are difficult to predict.

There are actually a number of companies working to further the development of 3D printable materials which incorporate graphene within them. The largest of which is Stratasys which is currently working with Graphene Technologies in a R&D partnership. Back in April, we also reported on a privately held Canadian company, Grafoid, which had also entered the space.

graf-3

Yesterday this company officially opened their production facilities in Kingston, Ontario. The facilities, which will be used as the new home for Grafoid’s Mesograf, graphene based filament and powder, includes production facilities, research and development laboratories, as well as areas for graphene material testing and engineering/product development. Taking up an enormous space of 225,000 square feet, the Innovation Park center will be the hub of Grafoid’s business operations.

Gary Economo, Grafoid’s Chief Executive Officer and Founding Partner told attendees of a news conference that the company “expects to create some 160 high-value technical positions at the Innovation Park complex during the next 12-24 months, and we expect that number to grow as we expand in subsequent years.”

The company certainly has lofty goals, believing that the technologies they are developing could in themselves lead to the widespread commercialization of graphene. Additionally, they are in the process of trying to raise an another $50 million in capital for furthering their product development, as well as for possible acquisitions.

graf-2

“This level of funding enables growth and supports our immediate goals of creating some 160 plus professional jobs in this facility – some of whom are already here today,” Mr. Economo said.

By the looks of things, Grafoid is serious about graphene, as well as its future applications within the additive manufacturing space. It will be interesting to see what other larger companies, such as Stratasys, have up their sleeves, and if the competition will only intensify the progress being made within both industries.

Will graphene and 3D printing soon intersect in a way which could change how everything from medical devices to airliners are manufactured? Discuss in the Grafoid expansion forum thread on 3DPB.com.  Check out the video below provided by Grafoid, from their grand opening of their Ontario facility yesterday.

 

 
 

Repost from http://3dprint.com/12713/grafoid-3d-print-graphene/

Disclosure: Focus Graphite(FCSMF) owns approx. 20% of Grafoid and trades at 55 cts way below its valuation of approx. $1 as of this posting. (20% of Grafoid private placement at $5/share)

Aug 11

Focus Graphite Files Lac Knife Graphite Project Feasibility Study Technical Report

Focus Graphite Files Lac Knife Graphite Project Feasibility Study Technical Report

Weighs lower-cost options for tandem financing of mine/plant and purification facilities for high value “battery grade” graphite production

OTTAWA, ONTARIO–(Marketwired – Aug. 8, 2014) – Focus Graphite Inc. (“Focus” or the “Company”) (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) sole owner of the Lac Knife, Quebec high purity graphite deposit announced today that the Feasibility Report prepared in accordance with National Instrument 43-101and with form 43-101F1 will be filed under the Company’s SEDAR profile on Friday August 8(th) , 2014 at www.sedar.com and on Focus’ website (www.focusgraphite.com).

The Feasibility Study was prepared by Met-Chem Canada Inc. with contributions from AGP Mining Consultants, Journeaux Associates and Golder Associates.

Don Baxter, Focus’ President and Chief Operating Officer said: “With the Feasibility Study now completed, we continue to de-risk the project by focusing on key, near to mid-term milestones, including: detailed engineering, project financing, and the permitting process.

“In particular,” he added, “the Feasibility Study opens the door to another level of available financing.

“We are evaluating options to secure project financing that will enable us to advance the Lac Knife mine and plant construction.”

Mr. Baxter said discussions with potential offtake partners are ongoing and will complement the existing 10-year offtake signed in December, 2013.

The highlights of the Feasibility Study, as reported June 25, 2014:

 
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 
------------------------------------------------------------------------ 

Of note is that average prices used in the financial model do not include value added products produced using the typically lower valued finer natural flake graphite.

Background:

The Feasibility Study was conducted with engineering and estimation methods appropriate to target an accuracy of 15% that is standard and realistic for capital and operating cost estimates for this level of study, that is required prior to detailed engineering, and well beyond the +/- 30% accuracy of a Preliminary Economic Assessment (PEA). Based on an extensive risk review exercise the contingency is 11.5%. Capital Expenditures in Table 2 itemize cost requirements for mine construction, processing plant, power line and all associated infrastructure estimated at $165.55 million.

 
Table 2 
------------------------------------------------------------------ 
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 continuing discussions with vendors to define financing packages for equipment. The company’s aim is to reduce up front capital and add to the basket of financing options currently being investigated. Discussions and due diligence continue regarding Supply Chain Financing (“SCF”) based on the offtake agreement signed in December, 2013 for a minimum of 50% of Lac Knife’s production over the life of a 10-year agreement. SCF is a non-dilutive alternative to equity financing and is less encumbering than traditional debt, or royalty financing.

Future off-take agreements will contain a financial component. This project-financing alternative could include equity and low interest debt as well as a signing bonus to execute an offtake agreement. The various options discussed above have the potential to enhance future project economic evaluation metrics, and the company continues these discussions with several interested parties.

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, of Met-Chem Canada Inc. all Qualified Persons under NI 43-101 guidelines and independent of the issuer. Pierre Desautels, P.Geo., of AGP Inc. completed the NI- 43-101 Mineral Resource Estimate and is 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 filed with SEDAR on August 8, 2014 for the Lac Knife Project indicates the project is economically viable and has the potential to become a low cost graphite producer based on 7.86 million tonnes (429,000 tonnes Proven and 7,428,000 tonnes Probable) 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. Focus Graphite is a technology-oriented enterprise with a vision for building long-term, sustainable shareholder value. Focus also holds a significant equity position in graphene applications developer Grafoid Inc.

* Mineral resources are not mineral reserves and do not have demonstrated economic viability

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.

Focus Graphite Inc.

Mr. Don Baxter, P.Eng

President and Chief Operating Officer

705-789-9706

dbaxter@focusgraphite.com

www.focusgraphite.com

Jul 31

Tesla, Panasonic sign deal for battery Gigafactory

Tesla, Panasonic sign deal for battery Gigafactory

Repost from an article by

125 112 10 LINKEDIN 7 COMMENTMORE

Electric-car maker Tesla Motors and electronics giant Panasonic announced Thursday that they have signed a deal to build a huge battery plant in the U.S. — a “Gigafactory.”

Tesla has previously talked openly of Panasonic’s involvement with the project, which it needs to make lower-cost advanced batteries for a mass-market electric car, the Model 3, due later this decade. Tesla says the plant will require investment of up to $5 billion and employ up to 6,500.

Given the project’s huge scope, states named as finalists are lined up to try to attract the project. They include California, Nevada, Arizona, New Mexico and Texas.

The new agreement lays out far more specific details than were disclosed previously. Major deal points:

•Tesla will acquire and manage the land, buildings and utilities, leaving Panasonic to invest in equipment and make the batteries. Tesla, however, will assemble Panasonic batteries on site to create battery packs that power its cars.

•A network of suppliers is being created to make sure all the needed materials are available at the plant..

•Tesla says it will continue to purchase batteries from Panasonic’s factories in Japan.

•The Gigafactory will be managed by Tesla, with Panasonic as its top partner. Half the floor space will be devoted to Panasonic’s battery-making activities. Suppliers and Tesla’s battery pack operations will take up the other half.

The integrated nature of the plant will make it a breakthrough, lowering the cost of batteries, Tesla and Panasonic say.

“The Gigafactory represents a fundamental change,” says JB Straubel, Tesla’s chief technical officer, in a statement. “Not only does the Gigafactory enable capacity needed for the Model 3, but it sets the path for a dramatic reduction in the cost of energy storage across a broad range of applications.”

Panasonic views the plant as a chance to expand in what it hopes will be growing market for electric cars. The batteries will be cheaper because of economies of scale.

“Panasonic’s lithium-ion battery cells combine the required features for electric vehicles such as high capacity, durability and cost performance,” says Yoshihiko Yamada, a Panasonic executive vice president in a statement. “And I believe that once we are able to manufacture lithium-ion battery cells at the Gigafactory, we will be able to accelerate the expansion of the electric vehicle market.”

Jul 29

A day made of Graphene ( graphenate glass)

A day made of …   g[2]

Let’s see an amazing conceptual video from Corning showing future applications of new materials like Graphene. Laminate glass with graphene (graphenate) gives it graphenomenal properties and applications.

Jul 19

Elon Musk next deal may simply be GRAPHENOMENAL

Elon Musk’s next deal may simply be GRAPHENOMENAL

Anticipated demand from the refractory and lithium ion battery sectors will require some 25 new mines globally to come on stream by 2020.
Six new North American mines will be needed to supply spherical graphite for Tesla Motors’ proposed battery “Gigafactory” in the United States, slated to come into production by 2017.
Focus anticipates Lac Knife’s mine and plant financing to be finalized within the coming days and with permitting in place soon after, to be ready for mine construction in 2015.

Mar 22, 2014 – Tesla’s Gigafactory will double the demand for graphite in batteries. …

June 25, 2014 … Focus Graphite proves they can deliver Tesla-grade graphite. Tesla …

Is the writing on the wall? Below is the first page result for googling “Focus Graphite Tesla”

See  and hear for yourself…… Don recent interview mentions Tesla over and over….

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admin | Focus Graphite

www.focusgraphite.com/author/devfocussite/

 

Focus Graphite is among companies highlighted in a special supplement by Industrial Minerals that quantifies the potential demand that Tesla Motors Inc.’s …

Jul 19

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

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 (June 25th, 2014) – Focus Graphite Inc. (TSX-V: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.”

 

june25-tbl1

 

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).

 

june25-tbl2

 

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.

 

june25-tbl3

 

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.

 

june25-tbl4

 

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.

 

june25-tbl5

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:

Mr. Don Baxter, P.Eng

President and Chief Operating Officer

705-789-9706

dbaxter@focusgraphite.com

www.focusgraphite.com

May 27

Focus Graphite produced Extremely High-Performing Coated Spherical Graphite For Lithium Ion Batteries

Independent Test: Focus Graphite Succeeds in Producing Extremely High-Performing Coated Spherical Graphite For Lithium Ion Batteries

Creates the Potential for High Value Sales in the Li–Ion Battery Sector
OTTAWA — May 27, 2014 — Focus Graphite Inc.(TSX-V:FMS; OTCQX:FCSMF; FRANKFURT:FKC) (“Focus” or the “Company”) is very pleased to announce the results from coin cell tests for the lithium ion battery market recently performed on Lac Knife Spherical Graphite (“SPG”).

Focus Graphite is the sole owner of the world-class, high-grade Lac Knife natural flake graphite project in Quebec. The Company’s aim is to become one of the lowest cost producers of high-purity technology graphite from a vertically integrated business strategy.

Testing was conducted by a globally recognized, North American laboratory with particular expertise in processes related to lithium ion battery technologies. Its clients are some of the most advanced technology-related corporations in the world. The laboratory has completed its testing and has measured the performance properties of Lac Knife’s materials on an environmentally sustainable basis. Focus Graphite has withheld the name of the laboratory for reasons of commercial and competitive confidentiality.

Highlightsfocus-may27-0

• Lac Knife SPG battery tests evaluate three proprietary formulations that responded very well to CR2016 coin cell performance testing
• Large, medium and fine micron size produced outstanding performance metrics
• Testing results on the premium medium and fine grades exceed the performance of benchmark commercially available grades by significant percentages.
• Tests confirm Focus’ capability to tailor lithium ion battery anode grade graphite and value added products to meet the most stringent customer specifications

 

A benchmark commercial grade of SPG provided a reversible capacity (RC) in the range of 345 to 355 Ah/kg and an irreversible capacity loss (ICL) of 6.5 %, a significantly higher loss compared to the 1.44% and 1.01% ICL for Lac Knife’s medium and fine grade samples shown above.
In Lockstep With Industry
“Recent comments by leading North American auto makers signalled two significant market realities,” said Focus CEO and Director Gary Economo.

“The first is the need to lower the costs of battery materials to encourage broader consumer interest in moving to electric vehicles. The second is that the potential North American battery market may well enjoy a much larger than anticipated growth in demand,” Mr. Economo said.

“Again, these results add another layer of material value that holds the potential to de-risk even further our global enterprise goals,” he said.

A detailed summary of the SPG tests is provided below.

SPG grades developed by Focus Graphite may help to solve one of the more difficult challenges holding back market growth for Li Ion batteries, “Increasing cycling capacity.” One of the problems in using carbon based materials in Li Ion batteries is that it results in the formation of a Solid Electrolyte Interface (“SEI”) layer which produces an irreversible capacity loss which generally ranges between 5 and 10% for benchmark SPG grades currently available in the market place.

Irreversible capacity loss means that a portion of the valuable lithium and graphite is wasted. Thus the efficiency is reduced and the cost increased. Lac Knife anode graphite is unique in having such a low loss.

Two premium (medium and fine) grade SPG’s developed by Focus have achieved First Cycle Irreversible Capacity Losses of 1.44% and 1.01%, respectively, truly remarkable results. These lower ICL values of the SPG grades produced by Focus can lead to the production of higher capacity and longer life Li Ion batteries.

Furthermore, the low surface areas of the premium coated grades of SPG at 0.48 and 1.14% m2/g can help to improve the safety of Li Ion batteries. The use of higher surface area carbons in these batteries can cause the temperature of the battery to increase and possibly result in the occurrence of thermal runaways.

Figure 1: The following Galvanostatic charge-discharge curve for the fine SPG grade illustrates the very promising nature of the Lac Knife concentrate.

focus-may27

This material has demonstrated a reversible capacity of 365.08 Ah/kg and an irreversible capacity loss of an ultra low 1.01%. The performance metric is calculated between the two curves in the chart above is the difference between 368.8 and 365.08 on a percentage basis. Approximately an 80% improvement over commercial benchmark grades was achieved.

The unique properties of the Lac Knife high carbon content concentrate that grades 98% C even in the finer grade 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. Additionally, Focus plans to offer the higher value large flake to other growing markets.

The -100 mesh size (150 microns), 98% C and +65 mesh size (230 microns) flake products spheronize very well establishing a unique Lac Knife concentrate quality.

Potentially these excellent Irreversible Capacity Loss (“ICL”) results from the Lac Knife high quality flake uncoated concentrate are due to low reactivity at the flake edges compared to other graphite concentrates underlying its inherent value as a feed to the secondary battery market in a green technology revolution.

Also included in the study is a scanning electron photomicrograph of the 99.98 % purified high purity large flake graphite (See Figure 2 below) produced on both a laboratory and pilot plant scale from 98% C Lac Knife +65 mesh flake concentrate. This photomicrograph indicates that the Lac Knife concentrates are uniquely suited to produce high purity lithium ion battery grade graphite. What is important to note is that Lac Knife graphite concentrate consists of very pure graphite flakes with impurities located on the surface of the flakes.
Figure 2: Photomicrograph of Thermally Purified Flake Graphite showing exceptionally clean surfaces and grading 99.98% C :

focus-may27-2

Such surface impurities can be removed by using less expensive technologies. In the most competitive concentrates on the market, the impurities are intercalated or sandwiched within the layers and are more difficult to remove requiring higher cost processing methods during purification.

Figure 3: Photomicrograph of Thermally Purified Spherical Graphite grading 99.9% C:
focus-may27-3

The quality of the Lac Knife concentrate is continuing to create the potential for increased margins through to value added products and confirms the Company’s plan to evaluate the potential of secondary transformation for as much of the Lac Knife production as is possible. The potential for increased margins from the secondary transformation of graphite concentrate is not included in the current Preliminary Economic Assessment for the project.
Current prices for coated, spherical graphite are at the $8,000 per tonne point. This compares to $20,000 per tonne for battery grade synthetic graphite, the only alternative for the anode in the battery.
“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 Focus President and COO Don Baxter

“The data presented validates Lac Knife’s potential to become a North American source of low-cost high purity flake graphite concentrate that could, possibly, lead to the production of batteries with better performance,” Mr. Baxter stated.
.
“Further, these results enable us to continue with our vision of producing value added products. In particular, Focus’ Director of Manufacturing and Technology Dr. Joseph Doninger and our Consultant, Mr. George Hawley have the capability to lead Focus through the development of various lithium ion battery products with the aim of building higher margin applications and downstream products” Mr. Baxter said.
Dr. Doninger said: “The Lac Knife premium medium and fine grades of coated SPG at 1.44% and 1.01% first cycle irreversible capacity losses and 0.48 and 1.14 m2/g surface areas are better than any similar sized SPGs that I’ve ever seen.”

Battery manufacturers require a cost competitive alternative to current sources of natural SPG. China produces about 90% of the world’s purified natural SPG, utilizing methods that are generally regarded as environmentally unsustainable.
Qualified Persons
Don Baxter, P. Eng., Focus President & Chief Operating Officer, is a Qualified Person as defined by NI 43-101 guidelines, has reviewed and approved the technical content of this news release.

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 Côte-Nord region of north-eastern Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated Mineral Resource Estimate* of 9.6 million tons grading 14.77% graphitic carbon (Cg) as crystalline graphite with an additional Inferred Mineral Resource Estimate* of 3.1 million tons grading 13.25% Cg of crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On November 7, 2013 the Company released the results of an updated Preliminary Economic Assessment (“PEA”) of the Lac Knife Project that indicated that the project has very good potential to become a graphite producer. As a technology-oriented enterprise with a view to 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

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

Mar 06

The Graphene-EV Connection

The Graphene-EV Connection is becoming a reality. Beyond the obvious exponential growth in graphite development is the implied graphene boom not too far behind. Focus Graphite slogan “Think Graphite Today Think Gaphene Tomorrow” becomes more obvious as one continues to read further and deeper into this revealing article. The implications are just graphenomenal.
Head-shot-DSC_5424-1-2-150x150
“We are pleased to update our initial offtake announcement on December 19, 2013 which stipulated a supply ceiling of 40,000 tonnes per year of large, medium and fine flake graphite and value added graphite also holds a minimum purchase floor of 20,000 tpa over the life of the agreement,” Mr. Baxter said.
Focus President and Chief Operating Officer Don Baxter said other specific terms of the agreement, including pricing and renewal rights remain confidential for competitive reasons.
“This update is, in part, prompted by questions posed to us by other potential strategic offtake buyers concerned with the availability or possible lack thereof of future long-term supplies of Lac Knife concentrates,” Mr. Baxter added.
A Minimum Purchase of 200,000 tonnes over 10 Years: Focus Graphite Updates its Historic Offtake Agreement With a Chinese Industrial Conglomerate

Further to its December 19, 2013 announcement of an historic offtake agreement with a Chinese industrial conglomerate, Focus Graphite Inc. (TSX VENTURE: FMS) (OTCQX: FCSMF) (FRANKFURT: FKC) (the “Company”) is pleased to report that the terms of the agreement bind the parties to a minimum purchase of 20,000 tonnes per year of future production from its Lac Knife graphite property some 27 kilometers southwest of Fermont, Quebec.

As reported in its November 7, 2013 Updated Preliminary Economic Assessment, the Company intends to produce 44,300 tonnes of high purity graphite annually.

“Based on our ongoing discussions, Focus recognizes the importance of leaving the door open to accommodate future demand, particularly from our friends in the United States and Europe,” Mr. Baxter said.

“More,” he added, “Tesla Motors’ announcement of its intention to build a huge battery manufacturing facility in the United States opens the door for our industry to compete for the right to supply purified and shaped battery grade materials to an industry innovator.”

Tesla Motors announced it intends to invest $5 billion to construct a massive battery manufacturing facility somewhere in the southwestern United States.

On February 26, 2014, the New York Times reported the automaker expects to reduce the per-kilowatt cost of its battery packs by more than 30 percent by the end of the first year of volume production for its third-generation electric vehicle. At full production, the factory, known as the Gigafactory, would produce about 500,000 lithium-ion batteries annually by 2020, more than suppliers worldwide produced last year.

Tesla’s aim, Mr. Baxter said, is to reduce input costs for both its world-leading electric vehicles and for energy storage units for its SolarCity solar power subsidiary.

SolarCity uses Tesla battery packs for its residential and business customers to lessen their dependence on electrical power from the grid.

Mr. Baxter said Tesla’s move, as one of the highest profile driving forces in the world opens the door for graphite developers to make their case not only to Tesla, but all clean technology end-users to compare the cost-to-power advantages that come from of natural flake graphite.

“As a graphite developer moving towards production, Focus Graphite’s long-held business strategy, in principle, mirrors that of Tesla Chairman Elon Musk’s – and that is: building a vertically-integrated value chain to secure a competitive advantage,” Mr Baxter said.

More than half of Focus’ Lac Knife’s deposit is 98% purity, low-cost, fine flake (-100 mesh) graphite which can be affordably purified and shaped to meet future battery material demand for the anodes used in lithium-ion batteries.

Mr. Baxter stated: “Focus stands alone in the graphite industry by publicly declaring its intention to carve out new technology markets from a graphite product once considered to be low value and therefore, largely ignored and sometimes neglected fine flake graphite,” flake graphite.

Both the United States and China have set mandatory production targets for electric and hybrid electric vehicles at one million vehicles each by 2015-2016.

It is estimated that batteries for two million electric vehicles will create a demand for an additional supply of 160,000 tonnes per year of high-value purified graphite. Global production of flake is currently estimated at 500,000 tons per year.

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 Estimate(i) of 9.6 million tons grading 14.77% graphitic carbon (Cg) as crystalline graphite with an additional Inferred Mineral Resource Estimate(i) of 3.1 million tons grading 13.25% Cg of crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On November 7, 2013 the Company released the results of an updated Preliminary Economic Assessment (“PEA”) of the Lac Knife Project which indicated that the project has very good potential to become a graphite producer. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus also invests in the development of graphene applications and patents through Grafoid Inc.

The information presented in this news release has been reviewed by Don Baxter Baxter, P.Eng, President and Chief Operating Officer of Focus Graphite Inc., and a Qualified Person under National Instrument (NI) 43-101 guidelines.

Forward Looking Statement

This presentation 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 operations 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 press release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
Contacts:
Focus Graphite Inc.
Mr. Don Baxter, P.Eng
President and Chief Operating Officer
705-789-9706
dbaxter@focusgraphite.com
www.focusgraphite.com

Feb 01

IBM semiconductor chip made of graphene just revealed: What you should know

IBM has just made a semiconductor chip from graphene: What you should know

IBM

(Photo : Kansir) IBM has created a powerful semiconductor chip which is graphene based. The advanced circuit apparently performs 10,000 times better than current options and is based on an earlier proof-of-concept circuit the company made in 2011.

The silicon chip is soon set to get competition as IBM has created a semiconductor chip that is made from grapheme.The graphene-based circuit has been created by a team at IBM Research in Yorktown Heights, New York.  The advanced circuit apparently performs 10,000 times better than current options and is based on an earlier proof-of-concept circuit the company made in 2011.

For the uninitiated, graphene is a crystalline version of carbon which is known to take in a honeycomb lattice shape on the atomic scale. Graphene is known for its strength and conductivity and is often seen as an alternative to silicon, which currently accounts for most electronic production. Graphene also transports electricity 200 times faster than silicon.

The graphene-based semiconductor chip is fully functional and could possibly be applied in wireless communication. If the chip works properly, it could possibly allow mobile devices like tablets and smartphones to transmit data faster to each other, as well as their surroundings. The researchers at IBM integrated graphene into a radio frequency receiver, which basically translates radio signals into intelligible information that can be sent and received. The graphene-based receiver was built on a chip that had an area of 0.6 square mm.

The research team tested the chip by sending a text message “IBM.” The message was sent via the graphene-based receiver and processed digital transmission on a 4.3GHz radio frequency. The digits transmitted were “01001001,” “01000010,” and “01001101″, which is basically a binary encoding of the letters “IBM.” The message was sent without any distortion. “This is the first time that someone has shown graphene devices and circuits to perform modern wireless communication functions comparable to silicon technology,” said Supratik Guha, IBM Research director of physical sciences, in a release.

Guha also revealed that the biggest challenge for the team was “taming this new material so we could process it properly, and without damaging it.”

However, one of the major challenges facing the IBM researchers is bringing down the cost of graphene manufactured to the same level as silicon. The team used an oven to manufacture graphene, but the production of the same would be cheaper if it was made in larger batches at room temperature.

Re-post from article by  By Anu Passary, Tech Times | February 1, 7:55 AMhttp://www.techtimes.com/articles/3070/20140201/ibm-has-just-made-a-semiconductor-chip-from-graphene-what-you-should-know.htm

The IBM researchers have published their work in the journal Nature Communications.

 

Dec 19

Focus Graphite Signs Offtake Agreement for Lac Knife’s Future Graphite Production

Marketwired
Focus Graphite Inc.

OTTAWA, ONTARIO–(Marketwired – Dec 19, 2013) – Focus Graphite Inc. (TSX VENTURE:FMS)(FCSMF)(FKC.F) (the “Company”) announced today it has entered into an offtake agreement for the future production from Lac Knife’s graphite resource located 27 km southwest of Fermont, Quebec.The strategic agreement for up to 40,000 tonnes per year of graphite concentrate and value added products was signed on December 19, 2013 by the Company with an industrial conglomerate, comprised of heavy industry, manufacturing and technology companies located Dalian City, Liaoning Province, China.

The 10-year agreement calls for the supply of up to 40,000 tpy of large, medium and fine flake graphite concentrate and value added graphite products from Focus Graphite’s proposed Lac Knife, Quebec mining and processing facility.

The specific terms of the agreement, including pricing and renewal rights, are confidential for competitive reasons.

“On behalf of Focus Graphite we are extremely pleased to have completed our first offtake agreement. This agreement holds the potential for Lac Knife’s future development,” said Don Baxter, Focus Graphite’s President and Chief Operating Officer.

“Not only is this offtake agreement the first of its kind in the graphite industry, it is significant in the fact that it encompasses the wide spectrum of Lac Knife’s offerings in pioneering the sale of small flake to extra large flake and value added technology products,” Mr. Baxter said.

“This agreement underscores our long-held commercial objective of competing in the China market,” he added.

This agreement was completed in the absence of a Feasibility Study (currently underway) and there is no certainty the above objectives will be met.

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 Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Indicated Mineral Resource Estimate* of 4.9 million tons grading 15.8% graphitic carbon (Cgr) as crystalline graphite with an additional Inferred Mineral Resource Estimate* of 3.0 million tons grading 15.6% Cgr of 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 Assessment (“PEA”) of the Lac Knife Project which indicated that the project has a very good potential to become a graphite producer. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus also invests in the development of graphene applications and patents through Grafoid Inc.

The technical information presented in this news release has been reviewed by Don Baxter Baxter, P.Eng, President and Chief Operating Officer of Focus Graphite Inc., and a Qualified Person under National Instrument (NI) 43-101 guidelines.

Forward-Looking Statement

This presentation 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 operations 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:

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

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