USA Graphite Inc. (OTCBB: USGT) is a publicly traded US exploration company, focused on the acquisition, exploration and development of world class graphite properties in North America. USA Graphite is poised to be the only domestic (US) graphite supplier as the USA has been importing 100% of its supply for the past 5 years (USGS 2010). The company has significant holdings in Nevada, offering considerable potential for the discovery and development of large flake, high-grade graphite whereby mineralization is exposed at surface.
Graphite’s growing range of applications has contributed to its increased demand and significant price increase [up to 5X higher since YR2001]. In addition to Graphite’s traditional uses, such as steel production, aviation, lubricants and brake linings – exponential growth is expected from new applications in battery technologies with current and future market drivers in portable electronics (ie: iPhones, iPads, and personal computers), as well as hybrid and electric vehicles, and developing green energy markets such as solar and wind power, pebble bed nuclear reactors and fuel cells. Graphite will become increasingly important in coming years due to its chemical, electrical and thermal properties. Its ability to remain stable in ordinarily corrosive environments, conduct electricity and its resistance to heat allows it to serve as a key component in applications, such as energy storage technology, military, aviation as well as many future uses we have yet to discover.
USA Graphite believes few other sectors offer a better chance of investing from discovery to commercial production due to the lower risk of graphite exploration to other commodities because of its near surface deposits. USA Graphite continues to seek out both new opportunities suitable for joint-ventures and direct acquisitions of graphite-rich properties.