
Focus Graphite
Engaged in exploration of extensive flake graphite, rare earth elements, precious and base metals properties.
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* | N/A | CAD891k | Private Placement non VC |
Total Funding | 000k |
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Source: Company filings or news article
Focus Graphite Inc. is an advanced materials and technology company centered on the exploration and development of high-grade graphite deposits in Québec, Canada. The company, formerly known as Focus Metals, was listed on the TSX Venture Exchange in May 2010. It was originally founded by Gary Economo and Jeffrey York on December 30, 1998. The current leadership includes CEO Dean Hanisch and Chairman Jeffrey York, who co-founded the company and previously served as CEO of Farm Boy Inc.
The company's business model is rooted in the acquisition, exploration, and development of mineral properties, with the goal of becoming a key North American supplier of high-purity natural flake graphite. This positions Focus Graphite to serve the growing demand from the green energy, electric vehicle (EV) battery, military, and high-tech manufacturing sectors, thereby reducing reliance on foreign-controlled critical minerals. The company has not reported meaningful revenue as it is in the exploration and development stage.
Focus Graphite's flagship asset is the Lac Knife project in northeastern Québec, a high-grade crystalline flake graphite deposit acquired from IAMGOLD Corporation in 2010. A 2023 feasibility study update for Lac Knife outlines a 27-year mine life with a planned production of approximately 47,781 tonnes of high-grade concentrate annually through conventional open-pit mining. The study projected a favorable after-tax internal rate of return of 22.4% and a capital payback period of 3.3 years. The company also holds other graphite properties in Québec, including Lac Tétépisca and Lac Guinécourt. A key feature of its product is its high purity; concentrates from Lac Knife with flake sizes above 200 mesh grade over 98% graphitic carbon, and recent testing has achieved 99.999% (5N) purity, suitable for nuclear applications. Furthermore, the company is developing proprietary technologies, such as a patent-pending silicon-enhanced spheroidized graphite for improved battery performance and an environmentally sustainable, chemical-free purification process.
Keywords: graphite mining, critical minerals, battery materials, flake graphite, North American graphite, EV battery supply chain, green energy materials, Lac Knife project, mineral exploration, advanced materials, sustainable mining, graphite processing, energy storage solutions, high-purity graphite, nuclear grade graphite, silicon anode, battery technology, Québec mining, resource development, junior mining company