Welcome!

News Feed Item

Northern Graphite Develops and Successfully Tests Spherical Graphite Coating Procedure

OTTAWA, ONTARIO -- (Marketwired) -- 03/19/14 -- Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) announces that it has developed and successfully tested a proprietary process for coating spherical graphite ("SPG") which is the final step before it can be used as an anode material in lithium ion batteries ("LIBs"). SPG is manufactured from the flake graphite concentrate produced by graphite mines. Prices range from $3,500 per tonne uncoated to over $10,000 per tonne for coated SPG.

Lithium battery cell testing of Northern's coated SPG indicates a higher total capacity and slightly better first cycle efficiency than the commercial materials which were tested. Northern's SPG has a reversible capacity of 368 mAh/g which is very close to the theoretical maximum of 372 mAh/g. Dr. Edward Buiel, founder of Coulometrics,LLC and Northern's partner in developing the coating procedure, stated that: "Large flake graphite from the Bissett Creek deposit has a uniquely pristine crystal structure. The low degree of disorder requires little or no thermal processing and naturally leads to a high degree of reversible capacity for LiB applications. The large pristine flakes also have natural advantages in terms of battery purification and yield during spheronizing that can lead to lower production costs."

To view accompanying graph, visit the following link: http://media3.marketwire.com/docs/NGC_graph_data.jpg

All natural uncoated SPG is currently produced in China. The largest manufacturing cost is the low yield during rounding as it requires three tonnes of small flake to produce one tonne of SPG. Northern has achieved yields in the 50 to 70% range as Bissett Creek flake graphite appears to be more resilient and survives the rounding process better. Additional testing will take place in China shortly.

The SPG produced in China is purified from approximately 94%C to 99.95%C using hydrofluoric and sulphuric acid. This is a low cost process if the waste products are not properly treated which is generally the case. This approach is not sustainable as the demand for LiBs grows with the increased adoption of "green" hybrid and all-electric vehicles. Northern has developed a proprietary process for purifying both SPG and flake concentrate from the Bissett Creek project as high purity graphite is required for many other value added and rapidly growing applications in addition to LiBs. The Company believes that its process is environmentally sustainable and will be price competitive with the Chinese wet chemical approach when they are forced to incur the costs of environmental remediation.

Flake graphite production has declined from 565,000 tonnes in 2011 to an estimated 375,000 tonnes in 2013 as uneconomic mines have closed and others have been shut down due to environmental problems. While some of this capacity will come back on line when prices rebound, some will not. And not all is suitable for making SPG. Only flake graphite which can be economically rounded and purified to 99.95%C and has a low level of of specific impurities can be used. Demand from the LIB industry is already approaching 100,000 tonnes per year even with the slow adoption of EVs. According to Industrial Minerals magazine, up to six new graphite mines would be required to supply the proposed Tesla Gigafactory alone without accounting for growth from other EV manufacturers or in other markets.

Greg Bowes, CEO, commented that: "natural SPG will be a major part of the solution going forward due to its significant cost advantage over synthetic products. Our goals are to increase that advantage through proprietary coating and purification procedures, and to provide the industry with a stable, secure source of anode material produced in an environmentally acceptable manner."

Northern Graphite Corporation

Northern Graphite is a Canadian company that has a 100% interest in the Bissett Creek graphite deposit located in eastern Ontario. Northern is the only public company with a true, large flake deposit and it is the only one with a bankable Final Feasibility Study and its major environmental permit. Among the new projects it has the best infrastructure, the lowest capital costs and the lowest unit operating costs. Northern Graphite is well positioned to benefit from the compelling supply/demand dynamic that is developing in the graphite industry. Additional information can be found at www.sedar.com and www.northerngraphite.com.

This press release contains forward-looking statements, which can be identified by the use of words such as "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. The Company does not intend, and does not assume any obligation, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

Neither the 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.

Contacts:
Northern Graphite Corporation
Gregory Bowes
CEO
(613) 241-9959

Northern Graphite Corporation
Stephen Thompson
CFO
(613) 241-9959

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software sec...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera M...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...