Sydney, Australia, June 6, 2014 – (ABN Newswire) – Graphite Explorer, Bora Bora Resources (ASX:BBR.AX – News) is pleased to announce that it has entered into a binding Memorandum of Understanding (MOU) with Monash University in relation to the commercialisation of 3 patents invented and developed by renowned Australian graphene expert Prof Dan Li and his team in relation to large-scale applications for the newly discovered wonder material.
Creates the Potential for High Value Sales in the Li–Ion Battery Sector
OTTAWA — May 27, 2014 — Focus Graphite Inc.(TSX-V:FMS; OTCQX:FCSMF; FRANKFURT:FKC) (“Focus” or the “Company”) is very pleased to announce the results from coin cell tests for the lithium ion battery market recently performed on Lac Knife Spherical Graphite (“SPG”).
Focus Graphite is the sole owner of the world-class, high-grade Lac Knife natural flake graphite project in Quebec. The Company’s aim is to become one of the lowest cost producers of high-purity technology graphite from a vertically integrated business strategy.
Testing was conducted by a globally recognized, North American laboratory with particular expertise in processes related to lithium ion battery technologies. Its clients are some of the most advanced technology-related corporations in the world. The laboratory has completed its testing and has measured the performance properties of Lac Knife’s materials on an environmentally sustainable basis. Focus Graphite has withheld the name of the laboratory for reasons of commercial and competitive confidentiality.
The Asian giant’s rise, driven by world-leading academic research and state funding, now threatens to exacerbate a global glut, Lux Research says.