Mason Graphite Announces Involvement in a New Endeavor In The Li-ion Battery Industry Led by Propulsion Quebec

Mason Graphite (TSX.V: LLG; OTCQX: MGPHF) is pleased to be part of “Propulsion Québec”, Quebec’s cluster for smart and electric transportation, which has a mission to rally the entire sector around joint projects aimed at positioning Quebec as a global leader in developing and implementing smart and electric modes of ground transportation.

As quoted in the press release:

In a recent communication, Propulsion Québec indicated: “The study will be carried out with financial support from Ministère de l’Économie et de l’Innovation du Québec and Société de développement de Shawinigan. It represents a concrete initiative by major Quebec players in the fields of transportation electrification and energy storage. These players want to use their expertise and competitive edge to strategically position Quebec in the production of batteries, from the extraction of raw materials to the recycling of their components. The study will be carried out in the months ahead and will profile the lithium-ion battery industry and analyze opportunities for Quebec in battery component and cell manufacturing and end-of-life battery recycling. The study results are due to be delivered in the Spring of 2019. A committee of independent experts will be set up to support the study.”

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