Kin Communications is pleased to announce that Graphite One Resources Inc. (TSX-V:GPH / OTCQX:GPHOF) has been featured in miningnews.com. The article highlights the United States’ foreign reliance on key minerals and the growing need to begin production on domestic mines. An excerpt as well as a link to the full article can be found below.
USGS Finds Little Growth for Domestic Miners; Increased Import Reliance
Graphite, considered by many as critical due to its importance to lithium ion batteries, is another mineral which the United States is 100 percent reliant on foreign sources but is found in Alaska.
In fact, the Graphite Creek deposit near Nome is the largest known deposit of graphite in North America.
In January, Graphite One Resources Inc. published the results of a preliminary economic assessment, or PEA, that envisions Graphite Creek being a domestic source for roughly 55,350 metric tons of coated spherical graphite and other specialty graphite materials once the operation reached full production.