LAS VEGAS, June 3, 2013 /PRNewswire/ -- National
Graphite Corp. (OTCQB: NGRC) is pleased to announce that the
Company has entered into an agreement with American Graphene LLC
where National Graphite Corp, and American Graphene LLC will
explore joint business opportunities in the fast growing graphene
market. Graphene's remarkable properties, including high
conductivity, mechanical strength and high specific surface area
make it an ideal material for electrochemical devices used in clean
energy applications.
National Graphite Corp has supplied high grade graphite samples
from the company's 100% owned Chedic Graphite mine near
Carson City Nevada to the
laboratory facilities of American Graphene LLC near Phoenix Arizona. Through a sonication process
the graphite ore from the Chedic mine has been reduced to a nano
material that has subsequently been sent to a metallurgical
facility to determine the grade and commercial viability of the
graphene product. The sonication process was observed by an
independent geologist, designated as a Qualified Person. The two
companies will explore an exclusive supply agreement where NGRC
will supply high grade graphite to American Graphene, cost
effective and scaleable processing facilities and commercially
viable markets for the graphene product.
Graphene is a newly discovered formation of carbon atoms which
makes a material 200 times stronger than steel, a super-conductor
at room temperature, flexible and heat resistant. There are over
7000 patents filed relating to graphene. Currently, the price of
graphene ranges from $100 per gram to
$1000 per gram. The Company believes
it can mine, refine and convert our high purity graphite to
graphene with a target cost of approximately $10 per gram.
National Graphite Corp. currently holds the rights to the Chedic
Voltaire, past producing, graphite mine in NW Nevada near Carson City,
NGRC plans to advance the project through the exploration and
development stages.
About National Graphite Corp.
National Graphite Corp. is an American based graphite
development company focused on bringing the Chedic Graphite Mine
back into commercial production to supply the fast growing graphite
mineral market. The mineral is used in the manufacture of
Lithium-ion batteries and is considered critical to U.S. industry
sectors like Consumer Electronics, Green Technology and Alternative
Energy. National Graphite is committed to long-term sustainable
graphite production within the North American market.
"Safe Harbor" Statement: Under The Private Securities Litigation
Reform Act of 1995: The statements in the press release that relate
to the Company's expectations with regard to the future impact on
the Company's results from new products in development are
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. A complete "SAFE HARBOR:
Disclosure" is listed on the Company's Website
www.NationalGraphiteCorp.com under "News"
CONTACT:
Kenneth B
Liebscher
CEO@nationalgraphitecorp.com
SOURCE National Graphite Corp.