Mining
February 22, 2023

Unlocking the Power of Graphite: E-Power Resources Aims to Supply the Growing Electric Vehicle Battery Industry

E-Power Resources aims to provide a source of essential graphite for the growing EV market.

Electric vehicles (EVs) have been growing in popularity in recent years, with many countries announcing plans to phase out gas-powered cars in favor of EVs. This transition towards sustainable transportation has also given rise to the development of gigafactories in Europe and North America, which are responsible for the production of electric vehicle batteries. However, this rapid growth has created a problem for the battery supply chain: a shortage of raw materials.

E-Power Resources was formed in 2018 to address this problem by seizing a link in the battery supply chain. The management and shareholders of E-Power conducted research on the supply and demand situation of each component of electric vehicle batteries, and they found that graphite is the largest component of electric vehicle batteries, forming the anode side. Most graphite is consumed by industries other than the electric vehicle industry, and China produces 82% of the world's graphite.

This poses a problem for the gigafactories being built in the USA, Canada, and throughout Europe. A single Tesla has more than 100 kgs of graphite in its battery, and they will need to get their graphite from somewhere. Even if importing from China were an option, long supply lines are not working very well in the current environment. Therefore, E-Power Resources plans to provide a source of essential graphite while it is still in the ground.

E-Power's business model is to conduct research to identify graphite exploration and resource development opportunities, secure land positions with graphite exploration and resource development potential, delineate and develop graphite resources, enhance resource viability and reduce project risk to ensure graphite products are optimized and attractive to battery manufacturers and material suppliers requiring flake graphite, monetize projects through option agreements, M&A, joint ventures, and trade sales, and repeat.

While there is synthetic graphite, which is much more expensive than mining it and is manufactured by applying extreme heat, consuming a lot of energy, ironically to petroleum coke, a by-product of oil refineries or coal tar, natural graphite has done all the work for us. With natural graphite, we only have to find it, quantify it, delineate it, and show that mining this essential component of EV batteries would be highly profitable.

Manufacturers are already talking about getting into the mining business to have independent sources of raw material. With the looming shortage, will they be worried about the price or whether or not they can get it? E-Power Resources intends to provide a source of essential graphite while it is still in the ground.

E-Power Resources is a now public company based in Montreal. The company occasionally does private placements of shares in order to deploy additional capital to its activities. If you are an accredited investor and might like more information about participating, please contact the company.

As the world shifts towards sustainable transportation, the demand for electric vehicles and batteries will continue to rise. However, this growth has created a shortage of raw materials for the battery supply chain, particularly graphite. E-Power Resources aims to address this problem by providing a source of essential graphite while it is still in the ground, using a business model focused on research, exploration, development, and monetization. With the looming shortage, E-Power Resources is in a unique position to help bridge the gap between the supply and demand of graphite for the EV industry.

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