TORONTO, Sept. 21, 2017 (GLOBE NEWSWIRE) — Alabama Graphite Corp. (“AGC” or a “Company”) (TSX-V:CSPG) (OTCQB:CSPGF) (FRANKFURT:1AG) is gratified to announce certain investigate formula for a downstream high-purity, healthy splinter Purified Micronized Graphite (“PMG”) product — marketed underneath a tradename ULTRA-PMG™ — from Dallas, Texas-based RSR Technologies Inc. (“RSRT”). RSRT is a heading investigate and growth organisation focused on advancing lead-acid battery technologies. AGC’s ULTRA-PMG™ was used as a leady-oxide serve for lead-acid batteries and was tested in 48 battery cells built by RSRT.
The many vicious investigate metric in RSRT’s investigate was battery-cell testing, that enclosed micro-hybrid exam (“MHT”), energetic assign acceptance (“DCA”), Capacity (C20 and C), and relapse analysis. When AGC’s ULTRA-PMG™ was total to RSRT’s control, there was an alleviation in ability of 7%, from 87 to 93 mAh/mg. MHT softened 63% (from 8,000 to 13,000 cycles), and DCA increasing some-more than 194% (from 0.17 to 0.50 A/Ah) with a serve of ULTRA-PMG™. When ULTRA-PMG™ was total to RSRT’s SUPERSOFT-HYCYCLE™ plan — RSRT’s top-of-the-line leady-oxide active element product — there was immaterial alleviation in capacity; however, a already poignant MHT exam formula softened 5%, from 42,000 cycles to 44,000 cycles. DCA increasing 64% (from 0.55 to 0.90 A/Ah). ULTRA-PMG™ enlarged cycle life approximately 4.5 times longer when compared to compulsory leady oxide. RSRT’s MHT cycling exam typically takes 45 days to complete; however, due to ULTRA-PMG’s poignant cycle life increase, contrast information took some-more than 200 days to acquire.
Dr. Matthew Raiford, RSRT’s Process Engineer, and administrator of a evaluation, commented, “Alabama Graphite’s ULTRA-PMG™ product outperformed all other customary commercially accessible CO products we have tested, including CO black. There are hardly any impurities, and of a impurities nothing of them are even a remote regard for gassing in lead-acid batteries. This was a purest graphite product we have ever complicated and analyzed — by a poignant margin.”
Lead-acid battery record has existed for some-more than 150 years, is a oldest rechargeable battery electrochemistry technology, and still dominates a tellurian appetite storage market. There are some-more than 254 million cars and trucks in a United States alone, any containing during slightest one lead-acid battery. The attention continues to urge lead-acid battery technology. RSRT is operative to raise lead-acid battery opening by adding high-purity ULTRA-PMG™ to a lead pulp predecessor to boost lead-acid battery performance.
AGC President and Chief Executive Officer, Donald Baxter, settled “We are really gratified with RSRT’s investigate of a ULTRA-PMG™ graphite product. ULTRA-PMG™ is a byproduct of AGC’s Coated Spherical Purified Graphite (“CSPG”) production. The lead-acid battery marketplace is an important, timeless multi-billion-dollar attention in a United States, and roughly all of these batteries are done in a USA. The lead-acid marketplace represents an area of poignant intensity direct for AGC’s reward graphite products, as a attention now adds CO into batteries’ disastrous active materials — representing approximately 1% by weight or 11% by volume of a battery.
“AGC is actively enchanting with several intensity finish users for a approaching destiny battery-ready graphite products and intends to supply a American lead-acid battery attention with a U.S.-sourced-and-manufactured PMG graphite product,” said Mr. Baxter. “Although a lithium-ion battery marketplace has a highest-growth rate, with poignant forecasted direct for a foreseeable future, a lead-acid battery attention is now a largest battery market, representing approximately a 90% share of a USD$65-billion battery marketplace in 2016 (source: Avicenne Energy; 2017). Recent innovations in a lead-acid battery attention underscore a fast intensity of lead-based batteries to accommodate destiny appetite marketplace needs. We are gratified that a ULTRA-PMG™ has demonstrated a intensity to support with stability a enrichment and optimization of this vicious battery technology.”
AGC conveyed samples of several molecule sizes of a ULTRA-PMG™ to RSRT for characterization and evaluation. The initial array of analytic contrast dynamic component concentrations of impurities regulating inductively joined plasma visual glimmer spectrometry (“ICP-OES”), that arguable a ultra-high virginity of AGC’s graphite. The AGC ULTRA-PMG™ samples were introduced during a paste-making process, and studies were conducted during any phase. The battery contrast and opening summaries for a battery cells, including MHT, DCA and Capacity, can be seen in Table 1 below. RSRT’s certain exam formula denote when AGC’s ULTRA-PMG™ is total to possibly a customary customary lead pulp (control) or to RSRT’s exclusive SUPER-SOFT HYCYCLE™ formulation, all opening metrics improve.
TABLE 1: Performance Summary for Battery Cells Built with and but AGC’s ULTRA-PMG™
Note: mAh/mg = milliampere hour (mAh) per milligram (mg); A/Ah = amperes (A) per ampere hour (Ah) of battery capacity.
Micro-Hybrid Test or MHT evaluates a ability of a battery to yield a appetite to restart an engine after revisit stop phases, recuperating state of assign (“SoC”) and aging effects due to shoal bucket pulses.
Dynamic Charge Acceptance or DCA is a ability of a battery to accept immediate appetite during charging. The aloft a DCA of a battery, a some-more a appetite recovered and stored.
Depth of Discharge or DoD is used to news how deeply a battery is discharged. If a battery is 100% entirely charged, a DoD of a battery is 0%. If a battery has delivered 17.5% of a appetite (meaning, 82.50% appetite reserved), a DoD of a battery is 17.5%. If a battery is 100% empty, a DoD of a battery is 100%. DoD always can be treated as how most appetite a battery delivered.
Most technical parameters of complicated lead-acid batteries are now considerably extended or can be extended to compare a mandate of automotive strange apparatus manufacturers (“OEMs”), including, softened DCA, reduced H2O detriment during normal and towering temperatures, aloft cold-cranking power, extra-long cycle life during high-rate prejudiced state of charge, and solid opening during towering temperatures.
AGC’s healthy splinter graphite is sourced exclusively from a Company’s flagship Coosa Graphite Project property, located in Coosa County, Alabama, United States of America. AGC is 100% owners of a usually advanced-stage graphite plan in a constant USA and all claim downstream delegate estimate to make AGC’s battery-ready graphite products is conducted in a constant USA. Although AGC’s proprietary, environmentally tolerable routine to freshen and furnish battery-ready graphite is source agnostic, a Company’s delegate routine flowsheet is being optimized for Coosa Graphite Project material.
Readers are cautioned that AGC is not nonetheless in prolongation and there is no pledge that a Company will allege to full-scale production. If, following a execution of a Feasibility Study — that has not nonetheless been commenced — AGC is means to allege a Coosa Graphite Project into production, a ensuing graphite would be sourced from within a constant United States and a Company might have a intensity rival advantage over other producers of value-added graphite materials sourced from other countries, regardless of either pronounced materials were processed and/or done in a United States of America.
On seductiveness of a Board of Directors of
ALABAMA GRAPHITE CORP.
Donald K. D. Baxter, P.Eng.
President, Chief Executive Officer and Executive Director
QUALIFIED PERSON
Donald K. D. Baxter, P.Eng., President, Chief Executive Officer and Executive Director of Alabama Graphite Corp., is a Qualified Person as tangible by National Instrument 43-101 (“N.I. 43-101”) guidelines, and has reviewed and authorized a calm of this news release. Mr. Baxter met with and worked RSRT in sequence to have reasonable acknowledgment that RSRT’s information was generated with a correct procedures and that a reported formula have been accurately transcribed from a strange sources and are suitable to be used.
RSR Technologies Inc. has reviewed and authorized a calm of this news release.
ABOUT ALABAMA GRAPHITE CORP.
Alabama Graphite Corp. is a Canadian-based splinter graphite scrutiny and growth organisation as good as an determined battery materials prolongation and record company. The Company operates by a unconditionally owned subsidiary, Alabama Graphite Company Inc. (a organisation purebred in a state of Alabama). With an advancing splinter graphite plan in a United States of America, Alabama Graphite Corp intends to turn a reliable, long-term U.S. retailer of specialty high-purity graphite products. A rarely gifted group leads a Company with some-more than 100 years of total graphite mining, graphite processing, specialty graphite products and applications, and graphite sales experience. Alabama Graphite Corp. is focused on a scrutiny and growth of a flagship Coosa Graphite Project in Coosa County, Alabama, and a Bama Mine Project in Chilton County, Alabama as good a investigate and growth of a exclusive prolongation and technological estimate routine of battery materials.
Alabama Graphite Corp. binds a 100% seductiveness in a vegetable rights for these dual U.S.-based graphite projects, that are both located on private land. The dual projects ring some-more than 43,000 acres and are located in a geopolitically stable, mining-friendly office with poignant chronological prolongation of bright splinter graphite in a splinter graphite belt of executive Alabama, also famous as a Alabama Graphite Belt (source: U.S. Bureau of Mines). A poignant apportionment of a Alabama deposits are characterized by graphite-bearing element that is oxidized and has been weathered into intensely soothing rock. Both projects have infrastructure in place, are within tighten vicinity to vital highways, rail, appetite and water, and are approximately 3 hours (by lorry or train) to a Port of Mobile, a Alabama Port Authority’s deep-seawater pier and a ninth largest pier by tonnage in a United States (source: U.S. Army Corps of Engineers/USACE). The state of Alabama’s hospitable meridian allows for year-round mining operations and a world’s largest marble chase (which operates 24 hours a day, 365 days a year in Sylacauga, Alabama), is located within a 30-minute expostulate of a Coosa Graphite Project.
On November 30, 2015, Alabama Graphite Corp. announced a formula of PEA for a Coosa Graphite Project, indicating a potentially low-cost plan with intensity certain economics. Please impute to a Company’s technical news patrician “Alabama Graphite Corp. Preliminary Economic Assessment (PEA) on a Coosa graphite Project, Alabama, USA” antiquated Nov 27, 2015, prepared by eccentric engineering firms AGP Mining Consultants Inc. and Metal Mining Consultants Inc., and filed on SEDAR during www.sedar.com.
Note: a Preliminary Economic Assessment or PEA is rough in nature, it includes unspoken vegetable resources that are deliberate too suppositional geologically to have mercantile considerations practical to them that would capacitate them to be categorized as vegetable pot and there is no certainty that a rough mercantile comment will be realized.
* Inferred Mineral Resources paint element that is deliberate too suppositional to be enclosed in mercantile evaluations. Additional trenching and/or drilling will be compulsory to modify Inferred Mineral Resources to Measured or Indicated Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated mercantile viability. There is no pledge that all or any partial of a Mineral Resource will be converted into a Mineral Reserve.
Alabama Graphite Corp. is a unapproachable member of a National Association of Advanced Technology Batteries International (“NAATBatt International”), a U.S.-based, not-for-profit trade organisation commercializing modernized electrochemical energy-storage record for emerging, high-tech applications.
For serve information and updates on a Company or to pointer adult for Alabama Graphite Corp. News, greatfully revisit www.alabamagraphite.com or follow, like and allow to us on Twitter, Facebook, YouTube, and LinkedIn.
AGC’s COMMITMENT TO ENVIRONMENTAL SUSTAINABILITY
AGC’s graphite is purified around a Company’s propriety, low-temperature thermal catharsis process. AGC’s environmentally obliged and tolerable graphite catharsis routine does not implement antacid chemicals or oppressive acids that are ordinarily regarded as dangerous and environmentally damaging (e.g. hydrofluoric acid, as is ordinarily used in Chinese graphite prolongation hydrochloric acid, sulfuric acid, nitric acids, or alkali roasting, caustic-soda roasting, etc.), nor does a routine need thriving amounts of purify H2O or costly, energy-intensive high-temperature thermal upgrading. Please impute to a Company’s February 17, 2017 announcement, ‘Alabama Graphite Corp. Achieves 99.99997% Graphite Purity around Proprietary, Environmentally Responsible and Sustainable Purification Process; Exceeds Nuclear Graphite Purity Requirements.’
For some-more information about AGC’s specialty, delegate estimate to furnish a CSPG greatfully impute to a Jun 2016 extensive eccentric report, ‘Alabama Graphite’s Coated Spherical Purified Graphite for a Lithium-ion Battery Industry,’ written, researched and prepared by Dr. Gareth P. Hatch, CEng, FIMMM, FIET, before to his fasten a AGC Board of Directors. Dr. Hatch is also President of Innovation Metals Corp., Founding Principal of Technology Metals Research, LLC, and Independent Director of a Company.
FORWARD-LOOKING STATEMENTS
This press recover contains forward-looking information underneath germane Canadian bonds laws (“forward-looking statements”), that might include, but limitation, statements with honour to any intensity relations between a Company and any finish users and/or a DoD. The forward-looking statements are formed on a beliefs of government and simulate Alabama Graphite Corp.’s stream expectations. When used in this press release, a difference “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and a disastrous of these difference or such variations thereon or allied vernacular are dictated to brand forward-looking statements. Such statements simulate a stream perspective of Alabama Graphite Corp. with honour to risks and uncertainties that might means tangible formula to differ materially from those contemplated in those forward-looking statements.
By their nature, forward-looking statements engage famous and opposite risks, uncertainties and other factors that might means a tangible results, opening or achievements, or other destiny events, to be materially opposite from any destiny results, opening or achievements voiced or pragmatic by such forward-looking statements. Such factors include, among other things, a interpretation and tangible formula of stream scrutiny activities; changes in plan parameters as skeleton continue to be refined; destiny prices of graphite; probable variations in class or liberation rates; disaster of apparatus or processes to work as anticipated; a disaster of engaged parties to perform; labor disputes and other risks of a mining industry; delays in receiving bureaucratic approvals or financing or in a execution of exploration, as good as those factors disclosed in a Company’s publicly filed documents. Forward-looking statements are also formed on a series of assumptions, including that engaged parties yield products and/or services on a concluded timeframes, that apparatus compulsory for scrutiny is accessible as scheduled and does not catch variable breakdowns, that no labor shortages or delays are incurred, that plant and apparatus duty as specified, that no surprising geological or technical problems occur, and that laboratory and other associated services are accessible and perform as contracted. Forward-looking statements are done formed on management’s beliefs, estimates and opinions on a date that statements are done and Alabama Graphite Corp. undertakes no requirement to refurbish forward-looking statements (unless compulsory by law) if these beliefs, estimates and opinions or other resources should change. Investors are cautioned opposite attributing undue certainty to forward-looking statements. Alabama Graphite Corp. cautions that a foregoing list of element factors and assumptions are not exhaustive. When relying on Alabama Graphite Corp. forward-looking statements to make decisions, investors and others should delicately cruise a foregoing factors and assumptions and other uncertainties and intensity events.
Alabama Graphite Corp. has also insincere that a element factors and assumptions will not means any forward-looking statements to differ materially from tangible formula or events. However, a list of these factors and assumptions is not downright and is theme to change and there can be no declaration that such assumptions will simulate a tangible outcome of such equipment or factors.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
CONTACT INFORMATION
Alabama Graphite Corp.
Ann-Marie M. Pamplin
Vice President, Investor Relations
+1 (416) 309-8641
apamplin@alabamagraphite.com
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