Since the announcement of Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF)‘s PEA in January, the company has looked to establish a value-added manufacturing facility to process the raw graphite from the mine into coated spherical graphite for lithium-ion electric vehicles batteries and other products. The Alaska Journal highlights the benefits of keeping that very manufacturing facility in the U.S. state and not in Washington.
An excerpt as well as the link to the full article can be found below.
The company is still selecting a site for the manufacturing facility, though it signed a memorandum of understanding with the Alaska Industrial Development and Export Authority to consider locations in Alaska for the plant in February, according to a news release from the company…
… Dillon said the plant would bring 150 new jobs to the peninsula, if one of the cities is selected. It’s still early, but there could be a variety of jobs available, he said. There may more workforce training and planning needed if Graphite One Resources chooses a location on the peninsula, he said, such as housing in Homer and Seward.