- Reflex Advanced Materials has begun the qualification process and boasts established relationships with more than 25 key North American customers, putting it years ahead of the competition in the lengthy graphite sales cycle
- The company has executed two critical product development and material research partnerships in an effort to diversify risk and improve margins
- Reflex Advanced Materials expects to begin fulfilling major graphite orders in 2024, with supply, processing partners and demand already in place
- The U.S. Department of Energy is in the process of awarding $2.8 billion to expand domestic manufacturing of batteries for electric vehicles, and the company has identified its Ruby Graphite Project as a ‘prime candidate’ for U.S.-sponsored initiatives
- A rise in anode demand is expected to fuel a shortage of 8 million tonnes by 2040, with World Bank Group projecting 494% growth in graphite demand by 2050
Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) is a strategic minerals company focused on locating and developing economic properties in the strategic metals and advanced materials space. The company aims to improve domestic specialty mineral infrastructure efficiencies to meet surging national demand from North American manufacturers, effectively positioning itself as one of the only North American suppliers of high purity natural graphite for hi-tech applications.
Reflex Advanced Materials is based in Vancouver, British Columbia. Its project portfolio includes the Ruby Graphite Deposit in Montana and the ZigZag Lithium Property in…
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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