Focus Graphite's Proprietary Process Purifies Fine Flake Graphite to 99.99% Level for a New Generation of Lithium-Ion Batteries

OTTAWA, ONTARIO–(Marketwired – Aug. 8, 2016) – Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) is pleased to announce it has successfully purified fine flake graphite – sourced at its wholly owned Lac Knife, Quebec deposit – from 95% to 99.99% purity using a proprietary energy efficient purification process.
Attaining a 99.99% purity level from fine graphite flake is significant. Focus now has the technology to economically purify low value fine flake graphite or, “fines” to a high value material needed for the production of lithium-ion batteries.
Goldman Sachs Equity Research projects an emerging global low carbon economy that will produce 25 million hybrid and pure electric vehicles by 2025.
Other next generation renewable energy markets include portable electronic devices, utility scale energy storage, urban transportation, rail, marine, aviation and clean energy applications for the military.
Focus Graphite is at an advanced stage in testing high purity level graphite for use in battery and other high-tech applications.
Within the last 26 months, Focus has published the results of four successive independent test results highlighting the superior performance of Lac Knife graphite in short-term and long-term lithium-ion battery cycling. These tests are mandatory before customers can use any new materials in battery chemistry.
“We now have the technological capabilities to provide customers with a full range of battery-grade products to meet their specifications – from fine to large flake. We believe our novel process will further secure our competitive advantage in global markets,” said Focus Graphite Chief Executive Officer Gary Economo.
“Given our relationships with end users and knowledge of our industry, we know of no other junior graphite developer today with a deposit capable of competitively converting their fine flake component to battery grade production,” Mr. Economo said.
Connect with Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) to receive an Investor Presentation.