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NRCan’s $14.1M Federal Funding Accelerates Focus Graphite’s Capability to Provide Allies with Extremely-Excessive-Purity Graphite for Defence, Aerospace, and Subsequent-Era Battery Supplies.
Focus Graphite Inc. (TSXV: FMS,OTC:FCSMF) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Firm”), a number one developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery know-how, is happy to announce that it has moved from conditional approval to a completely executed, non-repayable contribution settlement (the “Settlement”) with Pure Assets Canada (“NRCan”) for funding as much as $14,062,500 below the International Partnerships Initiative (“GPI”).
The Settlement formalizes the federal authorities’s help for Focus Graphite’s undertaking titled: “Transformation of Canadian Flake Graphite into Extremely-Excessive Purity Battery & Superior Supplies Utilizing Electrothermal Fluidized Mattress Expertise” (the “Challenge“). The Challenge unites Canadian, Ukrainian, and U.S. companions to provide ultra-high purity graphite for world battery, aerospace, defence, and superior materials markets.
The Settlement supplies non-dilutive funding for the event, piloting, and industrial demonstration of Focus’s clear electrothermal purification course of, enabling conversion of Quebec sourced pure flake graphite into ultra-high purity anode and superior supplies merchandise. The Challenge additionally advances broader NATO, G7, and European coverage targets for safe, diversified, and ESG aligned vital mineral provide chains.
As soon as full, the demonstration system is anticipated to provide purified graphite at volumes ample not just for downstream qualification, but in addition scalable to produce significant portions to defence, aerospace, power storage, and superior supplies markets. This manufacturing functionality represents a significant step towards industrial readiness and helps the Firm’s downstream technique by enabling Focus to ship excessive purity materials for analysis and early market entry whereas persevering with to advance its mining tasks and longer-term processing infrastructure.
“Execution of this Settlement considerably strengthens Focus Graphite’s means to assist provide our allies with safe, ESG aligned, excessive purity graphite,” mentioned Dean Hanisch, Chief Govt Officer. “Chinese language graphite is at present embedded all through North American navy, aerospace, and power techniques, creating strategic vulnerabilities throughout the whole allied worth chain. The power to provide ultra-high purity materials domestically, and course of it utilizing a clear, chemical free purification methodology, positions Focus to instantly help the shift towards dependable, non-Chinese language sources of strategic vital minerals.”
“This Settlement unlocks our means to maneuver certified graphite samples to worldwide companions at a a lot sooner tempo, which is important for advancing offtake discussions,” mentioned Jason Latkowcer, Vice President of Company Growth. “We’ll proceed to advance our Lac Knife and Lac Tetepisca tasks whereas concurrently delivering the high-purity materials that allied companions require to validate Canadian graphite inside their defence, aerospace, power storage, and advanced-materials provide chains.”
“Advancing analysis and growth is important to securing resilient and sustainable vital mineral provide chains. By means of the G7 Vital Minerals Motion Plan, we proceed to work with trusted companions to ship modern tasks—just like the progress achieved by Focus Graphite-that reinforce Canada’s decades-long management within the mining area, which permits us to produce our allies and grow to be an power superpower whereas lowering emissions,” mentioned the Honourable Tim Hodgson, Minister of Power and Pure Assets.
Federal Funding Particulars
Beneath the executed Settlement, NRCan will present as much as $14,062,600 in non-repayable funding, representing roughly 73.6% of whole eligible undertaking prices. Focus Graphite will contribute $4,787,500 in money and a further $250,000 in in-kind contributions towards the Challenge. The eligible expenditures interval extends from October 14, 2025 via March 31, 2028, throughout which the Firm will execute all permitted Challenge actions.
Funding will help the complete work program outlined within the Settlement, together with feedstock preparation, pilot-scale metallurgical processing, electrothermal purification trials, feasibility research, and the engineering, procurement, set up, and commissioning, and demonstration of a industrial demonstration furnace.
Advancing a North American, Sovereign Provide Chain
This federal funding advances Focus Graphite’s goal of creating a safe, totally North American graphite and superior supplies provide chain. The Challenge is particularly structured to scale back reliance on Chinese language processing routes and aligns with vital mineral methods geared toward enhancing power safety, industrial resilience, and defence readiness. The ultra-high purity graphite produced via this initiative is anticipated to produce key downstream sectors prioritized by Canada and its allies, together with defence and aerospace, power storage, electrical automobiles, superior supplies, and anode manufacturing.
About Focus Graphite Superior Supplies Inc.
Focus Graphite Superior Supplies is redefining the way forward for vital minerals with two 100% owned world-class graphite tasks and cutting-edge battery know-how. Our flagship Lac Knife undertaking stands as probably the most superior high-purity graphite deposits in North America, with a completely accomplished feasibility research. Lac Knife is ready to grow to be a key provider for the battery, defence, and superior supplies industries.
Our Lac Tetepisca undertaking additional strengthens our portfolio, with the potential to be one of many largest and highest-purity and grade graphite deposits in North America. At Focus, we transcend mining – we’re pioneering environmentally sustainable processing options and modern battery applied sciences, together with our patent-pending silicon-enhanced spheroidized graphite, designed to boost battery efficiency and effectivity.
Our dedication to innovation ensures a chemical-free, eco-friendly provide chain from mine to market. Collaboration is on the core of our imaginative and prescient. We actively accomplice with trade leaders, analysis establishments, and authorities companies to speed up the commercialization of next-generation graphite supplies. As a North American firm, we’re devoted to securing a resilient, regionally sourced provide of vital minerals – lowering dependence on foreign-controlled markets and driving the transition to a sustainable future.
For extra data on Focus Graphite Inc. please go to http://www.focusgraphite.com.
LinkedIn: https://www.linkedin.com/firm/focus-graphite/
X: https://x.com/focusgraphite
Cautionary Observe Concerning Ahead-Trying Statements
Sure statements contained on this press launch represent forward-looking data. These statements relate to future occasions or future efficiency. The usage of any of the phrases “may,” “intend,” “count on,” “consider,” “will,” “projected,” “estimated,” and comparable expressions, in addition to statements regarding issues that aren’t historic info, are meant to determine forward-looking data and are primarily based on the Firm’s present beliefs or assumptions as to the result and timing of such future occasions.
Specifically, this press launch accommodates forward-looking data concerning, with out limitation: (i) the anticipated advantages, timing, and potential outcomes of the International Partnerships Initiative (“GPI”) funding award and the contribution settlement with Pure Assets Canada; (ii) the design, growth, development, commissioning, and operation of the Firm’s proposed electrothermal purification demonstration facility; (iii) the timing, scope, and success of technical collaborations with Thermal & Materials Engineering Heart LLC (“TMEC”) of Ukraine, the College of Texas at Dallas’s BEACONS battery prototyping facility, American Power Applied sciences Co. (“AETC”), and different potential companions; (iv) the Firm’s means to advance pilot-scale and commercial-scale testing, together with the purification of graphite concentrates to ultra-high-purity specs; (v) the flexibility to speed up the motion of certified graphite samples to worldwide companions and the potential development of downstream or worldwide offtake discussions; (vi) the likelihood that Lac Knife and Lac Tetepisca could grow to be future contributors to North American, NATO, G7, or EU-aligned critical-mineral provide chains; and (vii) expectations concerning the scalability, cost-effectiveness, environmental efficiency, ESG alignment, and industrial viability of the Firm’s purification know-how.
Ahead-looking statements are topic to recognized and unknown dangers, uncertainties, and different elements which will trigger precise outcomes, efficiency, or achievements to vary materially from these expressed or implied by such statements. These dangers and uncertainties embrace, however should not restricted to, dangers associated to market circumstances, regulatory approvals, modifications in financial circumstances, the flexibility to lift ample funds on acceptable phrases or in any respect, operational dangers related to mineral exploration and growth, and different dangers detailed on occasion within the Firm’s public disclosure paperwork out there below its profile on SEDAR+.
The forward-looking data contained on this launch is made as of the date hereof, and the Firm just isn’t obligated to replace or revise any forward-looking data, whether or not because of new data, future occasions, or in any other case, besides as required by relevant securities legal guidelines. Due to the dangers, uncertainties, and assumptions contained herein, buyers mustn’t place undue reliance on forward-looking data.
Neither TSX Enterprise Trade nor its Regulation Providers accepts accountability for the adequacy or accuracy of this launch.
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