The Conversation (0)
Atacama Resources International Announces Entry into the Lucrative Graphite Market
Sep. 19, 2017 08:40AM PST
Battery MetalsAtacama Resources International (OTCQB: ACRL) announced today that it has acquired the mineral rights for the Mystery Graphite Property which consists of 1740 acres located about 60 miles south of Timmins, Ontario. The acquisition of the mineral rights includes receiving core samples collected from multiple diamond drill sites previously conducted on the property. Analysis of the core …
Atacama Resources International (OTCQB: ACRL) announced today that it has acquired the mineral rights for the Mystery Graphite Property which consists of 1740 acres located about 60 miles south of Timmins, Ontario. The acquisition of the mineral rights includes receiving core samples collected from multiple diamond drill sites previously conducted on the property. Analysis of the core samples is scheduled to take place.
Glenn Grant, CEO, reported:
“The demand for mined graphite is beginning to explode. In today’s world graphite is considered a critical and strategic mineral in the ever-accelerating emerging green economy (also known as the carbon Age) that includes advances in energy storage, electric vehicles, photovoltaics and electronics from smartphones to laptops.
As the green economy grows, demand for graphite will quickly outstrip supply. Just considering electric vehicles, demand in three years will require more graphite than all the world’s supply today.”