The Future of Solar Energy Spotlights Graphite

PALM BEACH, Florida, March 8, 2018 /PRNewswire/ --

MarketNewsUpdates.com News Commentary

Graphite is a mineral that is quietly fuelling the future of clean technology, and its applications in the battery market just keep growing and growing. Graphite grabbed investors' attention when Tesla CEO Elon Musk, determined to provide the world with clean battery power for cars and homes, identified Graphite and Nickel as key elements in the lithium-ion battery cell mass. Musk even said that lithium ion batteries "should be called Nickel-Graphite." Minerals like these are vital to the growth of clean tech. Mining companies like SunPower Corp. (NASDAQ:SPWR), Global X Lithium (NYSE:LIT), First Solar (NASDAQ:FSLR), Alcoa Corp. (NYSE: AA), and Graphite Energy Corp. (CSE:GRE) (OTC:GRXXF) know this, and are strategically mining the minerals of the future.

Tesla's electric vehicle (EV) batteries have captured plenty of headlines, but the automotive sector is not necessarily going to be the largest consumer of lithium ion batteries. The big use will come in the home batteries sector, and solar panel roofs, powered with Tesla battery packs, require even more graphite. Battery powered homes will be the way of the future, and are projected to increase demand for graphite over 1,000 times. The North American hotbed of graphite production is actually in Québec, Canada, where junior mining companies Mason Graphite Inc. and Graphite Energy Corp. are rapidly assembling operations.

Technology that transforms the future of grid power  

Of all the strategic minerals in play, graphite offers the greatest opportunities for growth in the evolution of solar power technology. Solar roofing and battery storage systems are transforming the future of grid power, and graphite technologies are making materials stronger. Graphite Energy Corp. will be pivotal in providing the natural grade mineral needed to support the supply chain demand.

Graphite will be needed to store the power generated from Tesla's new solar roofs, which are already on the market. Tesla has even started selling solar panels at Home Depot. The company is reportedly going to start selling the panels at nearly 800 retail locations, bringing the technology to consumers via the bricks and mortar market.

Graphene -the World's most Conductive Material  

Graphene, a form of carbon that results from the reduction of graphite, is the world's most conductive material, and it offers a range of opportunities for advanced display technologies, communications systems and desalination solutions. Graphene is also going to be an essential component in the solar panel market, as home builders adopt solar power technology.

Graphene is also produced at Graphite Energy Corp.'s Lac Aux Bouleaux (LAB) property in Québec, which is located right next to Imerys, the only actively producing mine in North America. Technical data obtained during discovery confirmed that LAB is a natural flake graphite mine, and natural graphite is what clean technology companies like Tesla need to gear the globe towards a green future.

Powerwall: the breakthrough home battery technology  

With Tesla's breakthrough home battery powerwall technology, power batteries will soon be installed in every new home. The powerwall actually detects grid outages and automatically becomes a home's main energy source - protecting a home from a power outage. This technology will keep lights on and phones charged during a grid power failure.

The power is stored in large batteries in a unit usually located outside of the home or in an electrical room. These home batteries are considerably larger than car batteries and they will require large amounts of graphite, making the mineral a very hot commodity.

As the industry evolves, solar panel power will be stored in the batteries, which would require up to five times as much graphite in the home battery storage than in a car battery. Solar companies already know most new home builders are able to install solar panels. While hydro companies are the grid power source, graphite is a key element that brings solar power back to the grid.

Eventually, this powerful technological capability, fueled in large part by graphite, will scale to hydro companies across North America and in Europe. Graphite Energy Corp. recognized this imminent increase in global demand, and is set to bring the mineral to market first.

Canada - the Graphite production capital of North America    

While graphite was identified as a mineral critical to the US economy, there are no actively producing graphite mines in the United States. Investors in the US could be turning their eyes North, as Mining.com reported that almost a quarter of all new capacity in the world could be in Canada. There are currently over 30 credible flake graphite projects being investigated in Canada.

Graphite Energy Corp. (CSE: GRE) (OTC: GRXXF) has the lead on other mining juniors because the company has already completed the discovery phase at their Lac Aux Bouleaux Graphite property in Southern Québec. Technical data has confirmed that the mine contains natural, large flake graphite, which is the type of mineral companies like Tesla will need to power car and home battery packs. Actual drilling begins this week, positioning Graphite Energy Corp. as the first domestic junior mining company to bring the mineral to the North American market.

Mason Graphite secured a $45 million private placement deal in January to be used for development and construction expenses at its Lac Guéret graphite mine in Northeastern Québec. Strategic investments in graphite production are on the rise as investors realize the mineral is a key ingredient in the growth of solar power and clean tech. All this bodes well for Graphite Energy Corp.'s burgeoning operations in the hotbed of North American graphite production.

Comparables:

SunPower Corp. (NASDAQ: SPWR) is a U.S. solar panel maker that has high-efficiency panels featuring SunPower's Maxeon cell technology. Based in Silicon Valley, SunPower generates over 18 million megawatt hours of solar energy. SunPower has announced a partnership with Apple (AAPL) that will result in two solar power projects totaling 40 megawatts in China's Sichuan province.

Global X Lithium (NYSE: LIT) The Global X Lithium & Battery Tech ETF invests in the full lithium cycle, from mining and refining the metal, through to battery production. Founded in 2008, Global X Lithium focuses on smart core, income, alpha, risk management and access suites of ETFs, with more than 50 funds available across U.S. and foreign exchanges.

First Solar (NASDAQ: FSLR) First Solar has developed, financed, engineered, constructed and currently operates many of the world's largest grid-connected photovoltaic power plants. Founded in Arizona in 1999, First Solar has experience across the solar value chain, and reduces risk while striving to deliver more reliable, dependable and cost-effective solutions.  

Alcoa Corp. (NYSE: AA) is a leader in the production of Bauxite, Alumina and Aluminum products. Founded in 1888 and headquartered in Pittsburgh, Pennsylvania, Alcoa has one of the largest bauxite mining portfolios worldwide, with project locations in North America, South America, Europe, Saudi Arabia and Australia.

Tesla's graphite-fueled home battery packs are setting consumers on the path to finding the best solar power solutions, and the technology has given investors a new mineral to get excited about. In the near future, competitor companies will look to match that innovation, but the secret is already out. Graphite is the key to efficiently power anything that runs on batteries, and contenders like Graphite Energy Corp. will be pivotal in meeting North America's natural graphite demand.

For a more in-depth look at Graphite Energy Corp. (CSE:GRE) (OTC: GRXXF), please visit Streetsignals.com

DISCLAIMER: Streetsignals.com (SS) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with SS or any company mentioned herein. The commentary, views and opinions expressed in this release by SS are solely those of SS and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable SS and FNM for any investment decisions by their readers or subscribers. SS and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author (SS), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (SS) has not independently verified or otherwise investigated all such information. None of the Author, SS, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated seventy six hundred dollars by SS, a non-affiliated third party to distribute this release on behalf of Graphite Energy Corp.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SS and FNM undertake no obligation to update such statements.

Media Contact:
FN Media Group, LLC
[email protected]
+1(561)325-8757

SOURCE MarketNewsUpdates.com