Resource News

OTCQX:ABGPF

Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announce that it has manufactured and shipped two specifications of its coated spherical graphite to a U.S.-based innovator in Lithium-ion batteries for numerous and varied military applications for the United States Department of Defense.

Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announce that it has manufactured and shipped two specifications of its coated spherical graphite to a U.S.-based innovator in Lithium-ion batteries for numerous and varied military applications for the United States Department of Defense.
As quoted in the press release:

AGC conveyed fine- and coarse-sized CSPG made from the Company’s Coosa Graphite Project material – located in Coosa County, Alabama, USA – that will be tested in two different defense applications; namely, high-powered military engine starter batteries, and soldier portable power and other energy-dense applications. All requisite downstream secondary processing to manufacture our Coosa CSPG was conducted in the United States of America.
After publication of AGC’s announcement of January 19, 2016 (“Independent Test Results: Alabama Graphite Corp. Succeeds in Producing High-Performance Coated Spherical Graphite (CSPG) for Lithium-ion Batteries“), the unnamed battery manufacturer approached AGC to investigate the potential of a reliable supply of conveniently located, sourced-in and made-in-U.S.A. CSPG.
This battery company is known for its demonstrated expertise and ingenuity in Li-ion battery development for the DoD and several other industries. Having been awarded multiple DoD contracts in recent years, this company is also a United States Department of Energy (“DoE“) battery supplier, in addition to specializing in critical stationary energy storage, renewable energy, and transportation battery markets, as well as other Li-ion battery applications and industries. The aforementioned company will remain unnamed for reasons of commercial confidentiality.

Alabama Graphite President and CEO, Donald Baxter, stated:

Our Company is honored and excited to have been presented with this opportunity to supply samples of our all-American CSPG to a respected battery manufacturer we sincerely hope will become AGC’s long-term business partner.

Connect with Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) to receive an Investor Presentation.

MARKETS

Markets
TSX20165.43-104.54
TSXV658.96-10.61
DOW33900.19-251.82
S&P 5004262.69-42.51
NASD12895.32-207.23
ASX7105.40+41.10

COMMODITIES

Commodities
Gold1766.04-9.44
Silver19.79-0.34
Copper3.58-0.05
Palladium2144.00-1.00
Platinum930.00-4.00
Oil87.36+0.83
Heating Oil3.52+0.08
Natural Gas9.27-0.06

DOWNLOAD FREE REPORTS

×