Focus CEO Gary Economo on Quebec graphite property production and technology agreements

Focus Metals Inc TSXV:FMS and L’institut de recherche d’Hydro-Québec announced a licensing agreement enabling Focus to develop a graphite-purification facility and a graphite-anode production facility for lithium-ion batteries. Under the agreement, Focus will build new purification and production facilities, which the company will own and manage. IREQ will provide technical support and cooperate in future technology improvements.

Subject to positive economic analysis, the purification facility will produce up to 15,000 tonnes of spherical battery-grade flake graphite by 2015, using graphite from the company’s Lac Knife Project in Quebec. The anode facility will produce up to 5,000 tonnes of anodes. Costs of the facilities and financing have yet to be determined. The battery-grade process will be incorporated into Lac Knife’s PEA scheduled for June.

Read more of this interview on Quebec graphite, Focus Metals, and their production and technology agreements.