Senator Lisa Murkowski Speaks in Favour of Graphite Creek Development
Senator Lisa Murkowski Speaks in Favour of Graphite Creek
Development
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
.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/senator-lisa-murkowski-speaks-in-favour-of-graphite-creek-development-301876368.html
SOURCE
Graphite One Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/July2023/13/c8192.html
%SEDAR: 00025247E
For further information:
Anthony Huston, CEO, President & Director, Tel: (604) 889-4251, Email: [email protected];
Investor Relations Contact: Tel: (604) 684-6730, [email protected]
CO: Graphite One Inc.
CNW 07:00e 13-JUL-23