Graphite Corp. (GRPH) Could Help USA Off-Set China's Pull Back of Graphite Shipments
January 08 2013 - 9:30AM
Marketwired
Graphite Corp (OTCQB: GRPH) has announced its potential to extract
over 7 million tons of graphite from their Alabama property based
on assessments from the US Bureau of Mines data. This could help
offset the closure of graphite mines in China, where currently 75%
of the world's graphite is being produced.
Graphite Corp. as well as other start up exploration companies
like USA Graphite Inc. (OTCQB: USGT), National Graphite
(PINKSHEETS: NGRC) and Focus Graphite (PINKSHEETS: FCSMF) are all
focusing on the impending potential void of graphite as overseas
production slows and technological uses from graphite ramps up.
Graphite Corp. (GRPH) appears to be in a strong position with
historical data pointing to deposits of graphite throughout its
property in Alabama. As GRPH production potentially begins, the
company could see immediate revenue from high grade graphite being
processed domestically in the USA.
Graphite Corp. is a company exclusively focused on the
exploration and development of one of the greatest success stories
in recent mining history -- the Graphite mining sector. Targeting
graphite-bearing properties in the United States, the Company is
positioned to emerge as a leading pure-play exploration company
through the development of its strategic land positions in Alabama
and Montana, the heartland of America's most significant graphite
resource. For more information on Graphite Corp. visit
www.graphite-corp.com
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