Graphite One Signs MOU with Experienced Lithium-Ion Battery Anode Producer for Design, Construction and Operation of U.S.-Based Anode Facility
April 6, 2022 – Vancouver, British Columbia – Graphite One Inc. (GPH: TSX‐V; GPHOF: OTCQX) (“Graphite One” or the “Company”) has signed a memorandum of understanding (“MOU”) with Sunrise (Guizhou) New Energy Material Co., Ltd. (“Sunrise”), a Chinese lithium-ion battery anode producer. The intent is to develop an agreement to share expertise and technology for the design, construction, and operation of Graphite One’s proposed U.S.-based graphite material manufacturing facility. The plan for the materials facility – the second link in Graphite One’s U.S. supply chain solution for advanced graphite products – will be detailed in the Company’s prefeasibility study expected to be released in the first half of 2022.
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