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Lomiko Metals Launches New Graphene Venture to Develop Supercapacitor

Investing News Network
Dec. 04, 2014 11:12AM PST
Battery Metals Investing

Lomiko Metals (TSXV:LMR) announced it is investing in Graphene Energy Storage Devices as a foothold to develop a graphene-based supercapacitor. Supercapacitors store the most energy per unit volume or mass among capacitors and bridge the gap between conventional capacitors and rechargeable batteries.

 Lomiko Metals (TSXV:LMR) announced it is investing in Graphene Energy Storage Devices as a foothold to develop a graphene-based supercapacitor. Supercapacitors store the most energy per unit volume or mass among capacitors and bridge the gap between conventional capacitors and rechargeable batteries.

According to the press release:

On December 4, 2013, Lomiko reported on a successful conclusion to Phase I of its Graphene Supercapacitor Project which involved Graphene Laboratories Inc. and Stony Brook University. Graphene ESD Corp. has been formed to commercialize the technology and bring the
graphene-based energy storage devices to market.

Supercapacitors bridge the gap between conventional capacitors and rechargeable batteries. They store the most energy per unit volume or mass (energy density) among capacitors. Supercapacitors power density is generally 10 to 100 times greater than normal capacitors or batteries. This results in much shorter charge/discharge cycles than batteries. Additionally, they will tolerate many more charge and discharge cycles than batteries. Incorporation of graphene material in supercapacitor electrodes may further improve energy and power density of the device. Graphene ESD Corp. will develop low-cost graphene-based supercapacitor devices that will be capable of even higher discharge currents. The development will focus on large-scale devices that are projected to have the lowest cost of power and stored energy in its class.

A. Paul Gill, CEO, said:

As reported December 4, 2013, the Phase I Graphene Supercapacitor project yielded encouraging results. Graphene ESD Corp. will build on the success of this project and will be developing a graphene-based supercapacitor. The device is designed as a versatile energy storage solution for electronics, electric vehicles and electric grid

Click here to read the Lomiko Metals Inc. (TSXV:LMR) press release
Click here to see the Lomiko Metals Inc. (TSXV:LMR) profile.

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