|By Marketwired .||
|March 19, 2014 08:45 AM EDT||
OTTAWA, ONTARIO -- (Marketwired) -- 03/19/14 -- Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) announces that it has developed and successfully tested a proprietary process for coating spherical graphite ("SPG") which is the final step before it can be used as an anode material in lithium ion batteries ("LIBs"). SPG is manufactured from the flake graphite concentrate produced by graphite mines. Prices range from $3,500 per tonne uncoated to over $10,000 per tonne for coated SPG.
Lithium battery cell testing of Northern's coated SPG indicates a higher total capacity and slightly better first cycle efficiency than the commercial materials which were tested. Northern's SPG has a reversible capacity of 368 mAh/g which is very close to the theoretical maximum of 372 mAh/g. Dr. Edward Buiel, founder of Coulometrics,LLC and Northern's partner in developing the coating procedure, stated that: "Large flake graphite from the Bissett Creek deposit has a uniquely pristine crystal structure. The low degree of disorder requires little or no thermal processing and naturally leads to a high degree of reversible capacity for LiB applications. The large pristine flakes also have natural advantages in terms of battery purification and yield during spheronizing that can lead to lower production costs."
To view accompanying graph, visit the following link: http://media3.marketwire.com/docs/NGC_graph_data.jpg
All natural uncoated SPG is currently produced in China. The largest manufacturing cost is the low yield during rounding as it requires three tonnes of small flake to produce one tonne of SPG. Northern has achieved yields in the 50 to 70% range as Bissett Creek flake graphite appears to be more resilient and survives the rounding process better. Additional testing will take place in China shortly.
The SPG produced in China is purified from approximately 94%C to 99.95%C using hydrofluoric and sulphuric acid. This is a low cost process if the waste products are not properly treated which is generally the case. This approach is not sustainable as the demand for LiBs grows with the increased adoption of "green" hybrid and all-electric vehicles. Northern has developed a proprietary process for purifying both SPG and flake concentrate from the Bissett Creek project as high purity graphite is required for many other value added and rapidly growing applications in addition to LiBs. The Company believes that its process is environmentally sustainable and will be price competitive with the Chinese wet chemical approach when they are forced to incur the costs of environmental remediation.
Flake graphite production has declined from 565,000 tonnes in 2011 to an estimated 375,000 tonnes in 2013 as uneconomic mines have closed and others have been shut down due to environmental problems. While some of this capacity will come back on line when prices rebound, some will not. And not all is suitable for making SPG. Only flake graphite which can be economically rounded and purified to 99.95%C and has a low level of of specific impurities can be used. Demand from the LIB industry is already approaching 100,000 tonnes per year even with the slow adoption of EVs. According to Industrial Minerals magazine, up to six new graphite mines would be required to supply the proposed Tesla Gigafactory alone without accounting for growth from other EV manufacturers or in other markets.
Greg Bowes, CEO, commented that: "natural SPG will be a major part of the solution going forward due to its significant cost advantage over synthetic products. Our goals are to increase that advantage through proprietary coating and purification procedures, and to provide the industry with a stable, secure source of anode material produced in an environmentally acceptable manner."
Northern Graphite Corporation
Northern Graphite is a Canadian company that has a 100% interest in the Bissett Creek graphite deposit located in eastern Ontario. Northern is the only public company with a true, large flake deposit and it is the only one with a bankable Final Feasibility Study and its major environmental permit. Among the new projects it has the best infrastructure, the lowest capital costs and the lowest unit operating costs. Northern Graphite is well positioned to benefit from the compelling supply/demand dynamic that is developing in the graphite industry. Additional information can be found at www.sedar.com and www.northerngraphite.com.
This press release contains forward-looking statements, which can be identified by the use of words such as "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. The Company does not intend, and does not assume any obligation, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.
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.
Northern Graphite Corporation
Northern Graphite Corporation
High-performing enterprise Software Quality Assurance (SQA) teams validate systems that are ready for use - getting most actively involved as components integrate and form complete systems. These teams catch and report on defects, making sure the customer gets the best software possible. SQA teams have leveraged automation and virtualization to execute more thorough testing in less time - bringing Dev and Ops together, ensuring production readiness. Does the emergence of DevOps mean the end of E...
Nov. 27, 2014 05:00 AM EST Reads: 1,200
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 27, 2014 04:00 AM EST Reads: 1,030
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
Nov. 27, 2014 04:00 AM EST Reads: 1,073
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Nov. 26, 2014 11:45 PM EST Reads: 1,165
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...
Nov. 26, 2014 11:30 PM EST Reads: 1,055
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrateg...
Nov. 26, 2014 09:00 PM EST Reads: 1,089
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water,...
Nov. 26, 2014 06:00 PM EST Reads: 1,081
DevOps is all about agility. However, you don't want to be on a high-speed bus to nowhere. The right DevOps approach controls velocity with a tight feedback loop that not only consists of operational data but also incorporates business context. With a business context in the decision making, the right business priorities are incorporated, which results in a higher value creation. In his session at DevOps Summit, Todd Rader, Solutions Architect at AppDynamics, discussed key monitoring techniques...
Nov. 26, 2014 04:45 PM EST Reads: 757
Want to enable self-service provisioning of application environments in minutes that mirror production? Can you automatically provide rich data with code-level detail back to the developers when issues occur in production? In his session at DevOps Summit, David Tesar, Microsoft Technical Evangelist on Microsoft Azure and DevOps, will discuss how to accomplish this and more utilizing technologies such as Microsoft Azure, Visual Studio online, and Application Insights in this demo-heavy session.
Nov. 26, 2014 04:45 PM EST Reads: 781
When an enterprise builds a hybrid IaaS cloud connecting its data center to one or more public clouds, security is often a major topic along with the other challenges involved. Security is closely intertwined with the networking choices made for the hybrid cloud. Traditional networking approaches for building a hybrid cloud try to kludge together the enterprise infrastructure with the public cloud. Consequently this approach requires risky, deep "surgery" including changes to firewalls, subnets...
Nov. 26, 2014 04:45 PM EST Reads: 759
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
Nov. 26, 2014 04:00 PM EST Reads: 1,122
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific approach to user experience design that combines approaches from interaction design, industrial design and service design to create experiences that go beyond simple connected gadgets to create lasting, multi-device exp...
Nov. 26, 2014 03:45 PM EST Reads: 1,065
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
Nov. 26, 2014 02:00 PM EST Reads: 1,527
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
Nov. 25, 2014 09:30 PM EST Reads: 1,281
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series dat...
Nov. 25, 2014 09:30 PM EST Reads: 1,339