MONTREAL,
March 10, 2014 /CNW/ - Mason
Graphite Inc. ("Mason Graphite" or the "Company") (TSXV: LLG)
(OTCQX: MGPHF) invites investors to read an article published by
Industrial Minerals, one of the most credible sources of graphite
intelligence, explaining the impact of Tesla's new plans on the
graphite market.
US automotive giant, Tesla, revealed plans to
build a new $5 billion lithium-ion
battery factory forecasted to reach production in 2017. According
to Industrial Minerals (IM), the output of this new factory would
more than double the size of the current market and the graphite
industry would likely be the beneficiary of this growth. In IM's
calculations, demand for natural flake graphite could increase by
37% by the year 2020, requiring equivalent production from six to
nine new graphite mines.
Please follow this link to read the full article
on Industrial Minerals' website: http://bit.ly/1nAt8IW
Stay Connected: Twitter: @MasonGraphite Facebook:
/MasonGraphite
This press release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation,
including, without limitation, statements regarding the potential
impact of Tesla's plans on the graphite market. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". Forward-looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results to be materially different from
those expressed or implied by such forward-looking information,
including but not limited to general business, economic,
competitive, geopolitical and social uncertainties. Although Mason
Graphite has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward‑looking information. Mason Graphite
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
SOURCE Mason Graphite Inc.