Graphite

Fabuwood Expands its Designer Collection with Stylish New Shades

Retrieved on: 
Thursday, April 4, 2024

Fabuwood Cabinetry is elevating kitchens to new heights with the introduction of two captivating colors to its Designer Collection: Pistachio Green and Graphite Black.

Key Points: 
  • Fabuwood Cabinetry is elevating kitchens to new heights with the introduction of two captivating colors to its Designer Collection: Pistachio Green and Graphite Black.
  • The Designer Collection is a curated palette that seamlessly blends timeless elegance with contemporary flair, continuously evolving to encompass the most coveted and refined hues.
  • Complementing these two new shades is the wide array of colors and finishes part of Fabuwood’s Designer Collection, catering to a wide range of aesthetics and design styles.
  • From the understated allure of Cloud White to the energetic Hunter Green, the Designer Collection offers a fusion of style and functionality.

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

Retrieved on: 
Tuesday, April 2, 2024

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L.
  • (“ERG”), a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for long-term supply of ERG’s cobalt hydroxide to North America’s first battery grade cobalt sulfate refinery.
  • The agreement, effective April 1, 2024, supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners.
  • Electra and ERG are exploring further collaboration to de-risk the construction of another cobalt refinery in the Bécancour, Quebec district.

NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite Production

Retrieved on: 
Thursday, March 28, 2024

Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.

Key Points: 
  • Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.
  • NMG also signed a supply agreement with GM for 18,000 tpa of active anode material for an initial term of six years.
  • The Company maintains intensive commercial discussions and continued product qualification with other tier-1 battery manufacturers for the balance of its Phase-2 production.
  • Such measures reaffirm the importance of establishing a local, resilient, and ESG-compliant supply chain of graphite to support battery and EV production.

Argonne-Supported Critical Materials Assessment Tags Potential Supply Chain Bottlenecks

Retrieved on: 
Thursday, March 28, 2024

As demand jumps for these critical materials, which are sourced from all over the world, the risk of disruption to supply chains also increases.

Key Points: 
  • As demand jumps for these critical materials, which are sourced from all over the world, the risk of disruption to supply chains also increases.
  • The report, titled the 2023 Critical Materials Assessment , “draws upon mature expertise in complex supply chains and our understanding of the underlying causes of disruptions,” said Allison Bennett Irion, director of supply chain research at Argonne.
  • Argonne helped produce several supply chain reports in response to the 2021 Executive Order on America’s Supply Chains.
  • The 2023 Critical Materials Assessment was funded by the Advanced Materials and Manufacturing Technologies Office within DOE’s Office of Energy Efficiency and Renewable Energy.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against GrafTech International Ltd. (EAF)

Retrieved on: 
Friday, March 22, 2024

The Law Offices of Frank R. Cruz reminds investors of the upcoming March 25, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired GrafTech International Ltd. (“GrafTech” or the “Company”) (NYSE: EAF ) common stock between February 8, 2019 and August 3, 2023, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming March 25, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired GrafTech International Ltd. (“GrafTech” or the “Company”) (NYSE: EAF ) common stock between February 8, 2019 and August 3, 2023, inclusive (the “Class Period”).
  • The Company’s International operating license in Mexico was also determined to be no longer in effect.
  • On this news, GrafTech’s stock fell $0.45, or 8.5%, to close at $4.85 on September 19, 2022, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Westwater Resources Announces 2023 Business and Financial Updates

Retrieved on: 
Wednesday, March 20, 2024

Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its results for the year ended December 31, 2023, and to provide business and financial updates.

Key Points: 
  • Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company (“Westwater” or the “Company”), is pleased to announce its results for the year ended December 31, 2023, and to provide business and financial updates.
  • During 2023, Westwater achieved critical milestones and achievements related to its planned natural graphite business, notably:
    In May 2023, Westwater announced the execution of a joint development agreement (“JDA”) with SK On Co, Ltd. (“SK On”).
  • “We believe 2023 was a year of significant progress across our graphite business, which was the result of tremendous hard work by the Westwater team,” said Terence J. Cryan, Westwater’s Executive Chairman.
  • Financial Summary for The Year Ended December 31, 2023

Atmus Filtration Technologies appoints Diego Donoso and Stuart A Taylor II to its Board of Directors

Retrieved on: 
Tuesday, March 19, 2024

Today, Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) announced the appointment of Diego Donoso and Stuart Taylor to its Board of Directors.

Key Points: 
  • Today, Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) announced the appointment of Diego Donoso and Stuart Taylor to its Board of Directors.
  • “I am pleased to have Diego and Stuart join the Atmus Board of Directors at a pivotal time for our company,” said Steph Disher, CEO of Atmus.
  • Mr. Donoso retired in April 2023 from Dow Inc., a materials science company, after a 30-year career with the company.
  • Stuart Taylor is the President of The Taylor Group LLC, a firm focused on creating and acquiring businesses in partnership with entrepreneurs.

Lyten Achieves Manufacturing Milestone; Now Producing Lithium-Sulfur Batteries At Greater Than 90% Yield

Retrieved on: 
Tuesday, March 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312784103/en/
    The lithium-sulfur manufacturing performance has been achieved utilizing standard lithium-ion manufacturing equipment and processes.
  • The conversion of lithium-ion equipment to produce lithium-sulfur batteries in Lyten’s pilot facility required 6 weeks and less than 2% of the total capital cost.
  • This confirms Lyten’s ability to rapidly scale by converting existing Li-ion gigafactories to lithium-sulfur with minimal cost and time.
  • Lyten is executing engineering and design, procuring equipment, and evaluating locations to rapidly scale up lithium-sulfur manufacturing to meet growing interest from EV, trucking, space, aerospace, and government customers.

Graphite One Announces Closing of Early Warrant Exercise Incentive Program

Retrieved on: 
Tuesday, April 2, 2024

VANCOUVER, BC, April 2, 2024 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One" or the "Company") is pleased to announce that further to its press releases dated February 13, 2024 and February 20, 2024, the Company has closed its early warrant exercise incentive program (the "Warrant Incentive Program") receiving aggregate gross proceeds of Cdn$5,130,873 from the exercise of 5,130,873 outstanding common share purchase warrants (the "Warrants"), which included Taiga's exercise of 2,258,957 Warrants.

Key Points: 
  • VANCOUVER, BC, April 2, 2024 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One" or the "Company") is pleased to announce that further to its press releases dated February 13, 2024 and February 20, 2024, the Company has closed its early warrant exercise incentive program (the "Warrant Incentive Program") receiving aggregate gross proceeds of Cdn$5,130,873 from the exercise of 5,130,873 outstanding common share purchase warrants (the "Warrants"), which included Taiga's exercise of 2,258,957 Warrants.
  • The exercise price on the remaining 6,824,804 Warrants that were not exercised during the Warrant Exercise Period revert back to the original terms as they existed prior to the Warrant Incentive Program.
  • The Warrant Incentive Program was designed to encourage the exercise of outstanding Warrants issued as part of the Company's private placements which closed August 28, 2022, November 21, 2022 and September 17, 2023.
  • In connection with the exercise of the Warrants under the Warrant Incentive Program, the Company issued an aggregate of 5,130,873 common share purchase warrants (the "Sweetener Warrants") to such warrant holders who exercised under the Warrant Incentive Program.

ALTILIUM AND TALGA ANNOUNCE PARTNERSHIP FOR RECOVERY OF GRAPHITE FROM WASTE EV BATTERIES FOR REUSE IN GREEN ANODE PRODUCTION

Retrieved on: 
Thursday, March 28, 2024

Graphite is the largest single material in lithium-ion batteries, comprising up to 50% of a battery by volume.

Key Points: 
  • Graphite is the largest single material in lithium-ion batteries, comprising up to 50% of a battery by volume.
  • Under the agreement, the two companies will focus on optimising the recovery of graphite from battery waste to produce a battery-grade product for use in new anodes.
  • With the recovery of graphite, the company will be able to recycle all the battery components, enabling full battery circularity.
  • Talga Group CEO Mr Martin Phillips added: "The need to secure a long-term, localised anode supply is crucial for the EV battery market.