VANCOUVER, BC, July 13,
2023 /CNW/ - Graphite One Inc. (TSXV: GPH)
(OTCQX: GPHOF) ("Graphite One" or the "Company"), is
pleased to comment on statements made by United States Senator Lisa Murkowski, Representative from Alaska, during a July
11, 2023 Senate Session, in support of Graphite One and its
development of the Graphite Creek deposit near Nome, Alaska.
In her address, Senator Lisa
Murkowski stated, "I've always supported Graphite One and
what they're doing in Alaska, but
really after my site visit there on Saturday, I'm convinced that
this is a project that every one of us, those of us here in the
Congress, the Biden Administration, all of us needs to support,"
stated Senator Murkowski. "Graphite One's vision is to build a
complete domestic supply chain for natural graphite. Their project
would be anchored by responsible mining of the Graphite Creek
deposit producing tens of thousands of metric tons a year, but it
would also extend to a battery anode manufacturing facility in
Washington State which would be
co-located with a battery recycling plant, which is why their CEO
Anthony Huston often describes
Graphite One as a technology company that mines graphite. This, Mr.
President, is a major opportunity for us".
The full addresss can be found here.
"Senator Murkowski has been a key supporter of Graphite One as
we aim to develop a 100 per cent U.S.-based graphite supply chain,"
stated Anthony Huston, President and
CEO of Graphite One. "She is a very large proponent of clean
energy, and responsible development of resources to encourage
economic growth in United States.
We are honored to have her support and will continue to drive
forward with our ambition to develop the
United States' first graphite mine and supply chain
solution".
Graphite One's Supply Chain
Strategy
With the United States
currently 100 percent import dependent for natural graphite,
Graphite One is planning to develop a complete U.S.-based, advanced
graphite supply chain solution anchored by the Graphite Creek
resource. The Graphite One project plan includes an advanced
graphite material and battery anode manufacturing plant expected to
be sited in Washington State
integrated with the development of the Graphite Creek Property. The
plan includes a recycling facility to reclaim graphite and the
other battery materials, to be co-located at the Washington State site, the third link in
Graphite One's circular economy strategy.
About Graphite One Inc.
GRAPHITE ONE INC. is developing its Graphite One Project (the
"Project") to become an American producer of high-grade anode
materials on a commercial scale integrated with a domestic graphite
resource. The Project is proposed as a vertically integrated
enterprise to mine, process and manufacture anode materials
primarily for the lithium‐ion electric vehicle battery market. As
set forth in the Company's 2022 Pre-Feasibility Study,
graphite mineralization mined from the Company's Graphite
Creek Property, situated on the Seward
Peninsula approximately 35 miles north of Nome, Alaska, would be processed into
concentrate at an adjacent processing plant. Natural and artificial
graphite anode materials and other value‐added graphite products
would be manufactured from the concentrate and other materials at
the Company's proposed advanced graphite materials manufacturing
facility expected to be located in Washington State. The Company intends to make
a production decision on the Project upon the completion of a
Feasibility Study.
On Behalf of the Board of Directors
"Anthony Huston" (signed)
For more information on Graphite One Inc., please visit the
Company's website, www.GraphiteOneInc.com
On Twitter @GraphiteOne
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This press release contains forward-looking statements and
forward-looking information within the meaning of applicable
securities laws. Any statements that are contained in this press
release that are not statements of historical fact may be deemed to
be forward-looking statements. Forward-looking statements are often
identified by terms such as "may", "should", "anticipate", "will",
"intends", "expects", "exceeds" and similar expressions which are
intended to identify forward-looking information or statements. The
Company cautions that all forward-looking statements are inherently
uncertain, and that actual performance may be affected by a number
of material factors, assumptions and expectations, many of which
are beyond the control of the Company. The reader is cautioned that
assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted as a
result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company.
Readers are cautioned not to place undue reliance on this
forward-looking information, which is given as of the date it is
expressed in this press release, and the Company undertakes no
obligation to update publicly or revise any forward-looking
information, except as required by applicable securities laws. For
more information on the Company, investors should review the
Company's continuous disclosure filings that are available at
www.sedar.com.
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SOURCE Graphite One Inc.