Connect with us

Energy & Critical Metals

Graphite Demand Could Create a Potential $36.88 Billion Opportunity

The electric vehicle boom shows no signs of cooling. In fact, companies, like Tesla Inc. (NASDAQ: TSLA), Nio Inc. (NYSE: NIO), Ford Motor (NYSE: F), and…

Share this article:

Published

on

This article was originally published by Baystreet

The electric vehicle boom shows no signs of cooling. In fact, companies, like Tesla Inc. (NASDAQ: TSLA), Nio Inc. (NYSE: NIO), Ford Motor (NYSE: F), and General Motors (NYSE: GM) are only accelerating production. Not only is the news fueling EV stocks, it’s generating big interest in the metals needed in lithium-ion batteries, including graphite, used for the anode of energy storage. There’s so much demand, the global graphite market could be worth up to $36.88 billion by 2030 from $19.09 billion in 2019, according to P&S Intelligence, which is great news for companies such as Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF). “Compared to lithium, such batteries need up to 20 times more graphite, as more graphite means availability of more current to flow between the two terminals. Li-ion batteries for hybrid electric vehicles require 10 kg, while for a battery electric vehicle (BEV), 70 kg of graphite is required,” they added.

Look at Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF), For Example

 

Infinity Stone Ventures Corp’s mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

Most recently, the company provided an update on its Fall drill program on the Rockstone Graphite project located near Thunder Bay, Ontario. The Company anticipates that it will complete the drill program with the RS-22-03 step out drill hole by November 18, 2022.

The Company has completed the drilling of RS-22-01, a twin of historic GC-12-01. Within RS-22-01, a 3-meter, massive to semi-massive graphite lens was intercepted (Figure 1,2,3). This graphite lens occurs within a wider 25 m pyrrhotite-chalcopyrite-pyrite rich interval hosting lesser graphite amongst the sulfides.

About Rockstone Graphite Project

 

Rockstone Graphite Project is located 45 km west of the seaway port at the City of Thunder Bay, Ontario Canada. The Project has excellent access by logging haul roads that connect to paved/gravel roads with nearby railways and a shipping port. Based upon the reprocessed Versatile Time Domain Electromagnetic (VTEM) survey completed by Sabina Silver Corporation in 2007, there are 18 drill-ready electromagnetic targets.

Greencastle’s drilling in 2012 consisted of 4 diamond drillholes (916 metres). Diamond drill hole GC-12-01 intersected a 24 metre interval averaging 0.82% zinc and 0.15% copper within a graphitic argillite unit. Analysis of the pulps for the 24 metres returned a value of 25% Cg (graphitic carbon) using a LECO analytical procedure. Rockstone graphite morphology appears to be highly-ordered hexagonal graphite crystallites and crystallite agglomerates, likely formed by hydrothermal activity at a formation temperature of 702C.

Other related developments from around the markets include:

 

Tesla Inc. has released its financial results for the first quarter of 2022 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update.

 

Nio Inc. announced its unaudited financial results for the third quarter ended September 30, 2022. “NIO delivered 31,607 vehicles in the third quarter of 2022, representing a solid growth of 29.3% year-over-year and achieving a record-breaking quarterly delivery. Following the delivery of our new product lineup based on NIO Technology 2.0 catering to different market segments, we have witnessed strong growth momentum in user demand and robust foot traffic, especially after the debut of ET5s in stores from September, and expect the ET5 delivery will support a substantial acceleration of our overall revenue growth in the fourth quarter of 2022. To meet the growing user demand and shorten the waiting time, we have been working closely with supply chain partners to accelerate production and delivery,” said William Bin Li, founder, chairman and chief executive officer of NIO.

 

Ford Motor strengthened its position as America’s No. 2 electric vehicle brand. Ford’s electric vehicle momentum continued in October with sales of its EV lineup up 120 percent over last year, about two times the rate of growth of the overall EV segment. F-150 Lightning continues as America’s best-selling electric truck with sales of 2,436 – its best monthly sales performance since its introduction this year. America’s best-selling electric van, E-Transit, climbed 71.5 percent compared to September on sales of 770 vans. Mustang Mach-E sales grew 7.3 percent over last year on sales of 3,055.

General Motors and battery manufacturer Microvast will work together to develop specialized EV battery separator technology and build a new separator plant in the U.S., which is expected to create hundreds of new jobs. This work will be supported by a $200 million grant from the U.S. Department of Energy’s Battery Materials Processing and Battery Manufacturing initiative. Separators are safety-critical EV battery components that serve to separate the anode from the cathode, allowing for ion transfer. GM will contribute its cutting-edge separator and coating technology to the collaboration with Microvast. The companies will work together to develop new separator technology that can help improve EV safety, charging and battery life. This advanced technology is designed to enhance thermal stability of EV batteries and work with nearly all types of lithium-ion cells, including graphite, silicon, and lithium-metal anodes and nickel-rich, cobalt-free, lithium iron phosphate-type and high-voltage cathodes.

 

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Infinity Stone Ventures Corp. by Infinity Stone Ventures Corp. We own ZERO shares of Infinity Stone Ventures Corp. Please click here for full disclaimer.

Contact Information:

Ty Hoffer
Winning Media
281.804.7972
[email protected]

Share this article:

Uranium Exploration Company Announces Additional Staking in the Athabasca Basin

Source: Streetwise Reports 12/22/2023

Skyharbour Resources Ltd. announced an update from its Canada-based Falcon Project along with additional…

Share this article:

Published

on

By

Continue Reading
Energy & Critical Metals

Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year

Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year

Tesla has launched a new mega factory…

Share this article:

Published

on

Continue Reading
Energy & Critical Metals

Giving thanks and taking stock after “a remarkable year”

An end-of-year thank you to our readers, industry colleagues and advertisers before Electric Autonomy breaks from publishing until Jan. 2
The post Giving…

Share this article:

Published

on

Continue Reading

Trending