There is a lull in the precious metals junior markets and it makes sense for investors to look at a few of the alternatives out there. One of which is nuclear energy.
NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRC) (“NextSource” or the “Company”) announces that it intends to move the corporate domicile of the Company to Canada (the “Redomicile”), under the Canada Business Corporations Act (“CBCA”) pending stockholder approval. The Company is currently incorporated under the laws of Minnesota.
“Alabama Graphite Corp. (TSX-V:CSPG) (OTCQB:CSPGF) is pleased to announce that the Company has executed a Letter of Intent with an established United States-based lead-acid battery manufacturer to supply high-purity, natural flake premium Purified Micronized Graphite product — marketed under the tradename ULTRA-PMG™ — and Delaminated Expanded Graphite conductivity enhancement materials for applications in the negative electrodes of advanced lead-acid battery systems.”
Just put up an article on NextSource Materials fully modular graphite processing plant to be built and then shipped to Madagascar. Modular mills and plants make a lot of sense for miners planning to operate in areas with minimal infrastructure. It keeps costs contained and requires very little specialized labour once it is up and running. The article originally ran in The Financial Post. We’ll be posting a number of FP articles on Motherlode for easy reference.
We’ve been talking to Paul Gill, President and CEO of Lomiko Metals (V.LMR), for several years as the company has evolved. Lomiko’s goal has always been to develop graphite properties in Quebec. But like many graphite producers, the questions of timing, grade, purity and CAPEX have all had impacts on Lomiko’s path forward.