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Great Lakes Graphite Selects Shamokin Carbons as Micronization Partner
May. 03, 2017 09:18AM PST
Battery MetalsGreat Lakes Graphite (“GLK” or the “Company” TSX-V:GLK, OTC PINK:GLKIF, FWB:8GL) today announces the execution of a Memorandum of Understanding by the Company with Shamokin Carbons (“Shamokin”), for the purpose of working jointly in a number of areas related to the graphite sector. Shamokin Carbons is a privately-owned, leading provider of carbon products with multiple …
Great Lakes Graphite (“GLK” or the “Company” TSX-V:GLK, OTC PINK:GLKIF, FWB:8GL) today announces the execution of a Memorandum of Understanding by the Company with Shamokin Carbons (“Shamokin”), for the purpose of working jointly in a number of areas related to the graphite sector. Shamokin Carbons is a privately-owned, leading provider of carbon products with multiple locations in Pennsylvania.
Highlights
Great Lakes Graphite and Shamokin Carbons are working together in the following areas:
- Development, manufacturing, sales and distribution of high purity micronized synthetic and micronized natural flake graphite products.
- Developing a production schedule to accommodate a ramp-up in the manufacture of micronized flake graphite at Shamokin’s existing production operations.
- Collaborating with Great Lakes Graphite and Ashland Advanced Materials to prepare for high volume manufacture of ultra high purity micronized flake graphite material for use in battery anode market.
Great Lakes Graphite and Shamokin Carbons have executed a Memorandum of Understanding to define a partnership arrangement and a path for the two companies to move towards a more structured collaborative effort. The companies first began working together in 2016 on synthetic graphite product development, product qualifications and sales. Those joint efforts resulted in the sale of 400 tons of synthetic graphite in 2016.
Great Lakes Graphite CEO Paul Gorman commented:
“Having such a high quality partner with operating, ISO9001-certified facilities located in the United States provides us additional flexibility and advantages in a number of different areas, from logistics to risk mitigation. Shamokin is a great partner for us. With facilities producing well in excess of 100,000 tons per year of carbon products we will work together to achieve higher volumes than we originally anticipated and at a faster pace than originally anticipated in our plans.”