Focus Metals issues an Update on Metallurgical Testing from the Lac Knife Graphite Property
Focus Metals Inc. (TSX VENTURE: FMS) presented the results from the metallurgical testing performed by SGS Metallurgical Services for its Lac Knife graphite property in Quebec. The results have demonstrated the presence of a high percentage (46.1%) of large flake (+48 mesh to +100 mesh, whereby the highest grade, +48 mesh accounted for 16.6%) deposits and smaller, 39% presence of medium flake (+150 mesh to +200 mesh) deposits; the global recovery test rate was 85.9%. These are very promising results as they validate Focus Metals’ concentration of the very type of graphite that will see increasing demand for the manufacturing of graphene (the large flake variety) and Li-ion battery anodes. The Lac-knife results give Focus Metals a very strong position in the increasingly competitive graphite market. CEO, Gary Economo, noted that the Company will also be able to increase the recovery rate by using new purification and processing technology. Focus Metals’ shareholders will be especially pleased by the high percentage of the jumbo flake variety emerging from the tests as this is the rarest type of graphite and the one that can command the highest prices in the market given its strong demand in the high technology sector and the manufacturing of graphene. Indeed, the Lac Knife graphite property is the key to Focus Metals’ graphene ambitions.
The property represents the largest known source of highest grade, 16% graphite. The property is located near Fermont, Quebec, and it can boast reliable grid power generation and reliable infrastructure, including transportation links that make the property commercially viable. Focus Metals bought Lac Knife from IAMGOLD in 2010 and while the property attracted high tech suitors in the late 1990’s, the availability of cheap and abundant graphite from China in the past decade muffled demand. The emergence of a slew of high tech applications and Chinese market restrictions on graphite has renewed interest in Lac Knife.
Focus Metals’ appeal is its concentration on the high demand varieties of graphite for the technology sector, including the next generation of li-ion batteries, which require higher contents of specific graphite types, such as the fine mesh variety that can be found at Lac Knife. In addition, through its 40% stake in Grafoid Inc., a graphene research company, Focus Metals is on the leading edge of graphene development, including the quest for a commercially viable method to produce scale quantities of graphene, which is finding an ever larger range of applications. Quelle: http://www.graphiteblog.com/2012/04/...c-knife-graphite-property.html
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