Canada Carbon Gets Indicative Pricing for Miller Graphite

Canada Carbon (TSXV:CCB) has received indicative pricing for its ultra-high purity, thermally-upgraded (99.9998% C(t)) Miller Hydrothermal Lump/Vein graphite. Pricing is expected to be US$12,000 to US$14,000 per metric tonne.
As quoted in the press release:

The Company has received indicative pricing of USD $12,000 to USD $14,000 per metric tonne for 99.9998% graphite that is currently used in high technology electronics industry applications. The non-binding quotation of value, from a participant in the high-purity graphite market that is currently working with Canada Carbon’s graphite, represents current pricing for one specific application for ultra-high purity graphite, an application which is estimated to require 250 to 350 tonnes per month.
Canada Carbon wishes to caution readers that it does not have a mineral resource estimate with respect to the Miller Project and readers should not interpret the indicative pricing to imply potential economic viability.  The Miller Project is not in production, and currently has insufficient evidence available to it to determine if the extraction and upgrading of the Miller graphite mineralization will be economically feasible, now, or at any time in the future. The pricing and market consumption information provided above represents neither a promise nor a guarantee, and is subject to risks and uncertainties that may cause future values to differ materially than those expressed herein.

Canada Carbon executive chairman and CEO, Bruce Duncan, said:

We are delighted to receive our first third-party confirmation of real-time pricing for our graphite for a specified market segment. We are working towards obtaining additional third party indicative pricing for other market segments. These indicative pricings will be included in the Company’s Preliminary Economic Assessment (PEA) and mineral resource estimate for the Miller Project, currently underway.

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