Canada Carbon Inc. (TSXV:CCB) was highlighted in a recent report from Secutor Capital Management which focused on the companies Miller graphite project, located in Quebec.
In September 2015, Canada Carbon announced that the thermally upgraded Miller graphite had been selected by the Subcommittee on Manufactured Carbon and Graphite Products of ASTM International to be fully characterized as a Standard Reference Material (SRM) for the chemical analysis of high purity graphites and manufactured carbon materials. If the Miller graphite obtains ASTM SRM designation, it would become the standard to which all other natural graphites are compared when considered for nuclear and other high-technology applications. Graphite mineralization at the Miller project is hosted predominantly in marble.
In November 2015, management announced it had signed an agreement to sell 75,000 tonnes of the host marble for $14 per cubic foot (approximately $184 per tonne). The agreement was signed subsequent to an independent market assessment of architectural-quality blocks and slabs of the Miller marble and could have the potential to significantly improve the economics of the project.