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Graphite One Resources Inc. (TSXV:GPH) announced that its Graphite Creek deposit in Alaska was on of two Alaskan strategic minerals projects cited in testimony to the US Senate last week.
As quoted in the press release:
The testimony, before the Senate’s Energy and Natural Resources Committee, was delivered by Edmund Fogels, Deputy Commissioner of the Alaska Department of Natural Resources (“DNR”). In the context of a discussion of critical and strategic minerals, Mr. Fogels called the Graphite One deposit (along with Ucore Rare Metal’s rare earth deposit) one of two “exciting projects that the Committee should be aware of,” noting that the U.S. has had no graphite production since 1991.
In his testimony, Commissioner Fogels cited Alaska’s unique range of known mineral resources, ranging beyond graphite to a total of 16 critical and strategic minerals. “As the United States strives to further advance high-tech manufacturing,” Mr. Fogels told the Senate Committee, “secure supplies of these inputs become even more important to our nation’s economic and national security.” Supporting documents provided by Mr. Fogels show that graphite is one of 6 critical and strategic minerals for which the U.S. is presently 100% import-dependent.
Anthony Huston, president and CEO of Graphite One, commented:
We are gratified that our project was cited during the Senate’s deliberations on a new national critical minerals policy. We are focused on developing our deposit as a source of high-quality graphite to meet growing domestic and global demand.
Click here to read the Graphite One Resources Inc. (TSXV:GPH) press release
Click here to see the Graphite One Resources Inc. (TSXV:GPH) profile.
