Why Invest in Graphite?
- 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
- Graphite also has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power
- There is roughly 10-20 times more graphite in a lithium-ion battery than there is lithium
Quatre Milles Graphite Property
The Quatre Milles 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.
Lomiko optioned the Quatre Milles Graphite Property to search for large flake, crystalline graphite which is sought after for use in electric cars, fuel cells, pebble-bed nuclear reactors. Graphene, a newly discovered, chicken-wire shaped formation of carbon which is one-atom thick has also re-kindled interest in large flake graphite properties. Graphene has incredible properties that can make it 200 times stronger than steel, a superconductor and heat-resistant. Research scientists world-wide are experimenting with new technology that use graphene and many new patents have been filed since the Nobel Prize was awarded for its discovery in 2010.
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