- Lithium-ion batteries power modern technologies, but another critical element is required to build them – graphite, the battery’s single largest component, the production of which is mainly controlled by China
- Currently, no significant production of lithium-ion battery anode material exists in North America; resuming domestic graphite production emerges as critical in reducing reliance on foreign supply and increasing energy self-sufficiency amid growing international geopolitical tensions
- Reflex Advanced Materials seeks to fill the market gap by reactivating domestic mining operations of flake and vein graphite; with direct access to top-notch supply chain partners, it is uniquely positioned in the market as a provider of domestic graphite
Essential to modern technologies, critical minerals are of strategic importance to countries around the world, especially those that rush to expedite energy transition and decarbonize the economy. This is where companies like Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF), a company focused on strategic metals and advanced materials space, aim to step in to deliver minerals needed to power modern devices.
As the renewable energy sector continues to grow and more electric cars are expected to enter the market as countries pivot away from fossil fuels, the need for more raw materials to build batteries will continue to surge. Still, in public discourse about the minerals that are vital to the country’s…
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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