- Global electrification depends on the availability of graphite to power lithium-ion batteries used in EVs and portable electronic devices
- The Ruby Graphite Deposit is the only combined graphite flake and vein graphite source in the U.S., Reflex secured the option to acquire a 100% stake in the project in 2022
- Reflex engaged Lone Star Tech Minerals to advance Ruby Graphite project, deliverables include a production plan, marketing strategy, customer database, and technical data sheet
- Biden Administration to award $2.8 billion to expand domestic EV battery manufacturing and graphite processing
The worldwide shift to electrification depends on the availability of graphite – a critical element needed to power lithium-ion batteries used in electric vehicles (“EVs”) and portable electronic devices.
The Ruby Graphite Deposit is the only combined graphite flake and vein graphite source in the United States. Acquired last year by Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF), the Ruby Graphite Deposit is a low-cost opportunity to re-enter the market with recent samples assaying at…
NOTE TO INVESTORS: The latest news and updates relating to RFLXF are available in the company’s newsroom at https://ibn.fm/RFLXF
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