BOOM

The Starting Gun Goes off Today.

This is HUGE!

The Pentagon added Graphite to its newest National  Defense Stockpile Acquisitions List.

This list calls for DLA's strategic materials department to acquire up to 900 metric tons of graphite to store in government stockpiles over the coming year.

The US Gov deems Graphite critical to the U.S.

Pentagon adds graphite to stockpile list

As another signal foreshadowing the growing demand for graphite, the Pentagon has added this lithium-ion battery ingredient to its newest National Defense Stockpile Acquisitions List.
Published by the U.S. Defense Logistics Agency on Oct. 4, this list calls for DLA's strategic materials department to acquire up to 900 metric tons of graphite to store in government stockpiles over the coming year.
Primary reasons for the Department of Defense to have a graphite stash for its own use is the global demand for this carbon material is rocketing due to its use in the anodes of lithium-ion batteries that power electric vehicles and a dearth of domestic sources of this material already deemed critical to the U.S.
According to the Pentagon's latest publicly available National Defense Stockpile Requirements Report, "natural flake graphite" is on its watch list of "shortfall materials" based on modeling against specific conflict scenarios that indicate a potential graphite shortfall of more than 82,000 metric tons.
Earlier this year, the International Energy Agency predicted that the electric mobility and low-carbon energy sectors will demand 25 times more graphite per year by 2040 than today.
Without any graphite mines on American soil, U.S.-based manufacturers and the Pentagon are in the disadvantageous position of relying on imports to supply their growing needs of this battery and industrial material
China, which accounted for roughly 62% of global natural graphite production, was the largest supplier of this carboniferous material into U.S. supply chains, according to the U.S. Geological Survey.
The USGS said two companies are developing projects that could begin to offer a domestic supply of graphite, one of which is Graphite One Inc.
Graphite One CEO Anthony Huston says the addition of graphite to the Pentagon's stockpile list is the latest in a series of signals that indicate officials in Washington D.C.
According to a report on securing America's supply chains published by the Biden administration in June, flake graphite is an essential material to the supply chains for three industrial sectors – advanced semiconductors, high-capacity batteries, including EV batteries, and pharmaceuticals. As an extension, this material is critical to the technology and defense sectors.
An enormous infrastructure bill crafted by the White House and passed with bipartisan support by the House of Representatives calls for a new Department of Energy program to ensure a viable North American battery supply chain, including enhancing the domestic processing of minerals necessary for advanced batteries.

https://www.miningnewsnorth.com/sto...gon-adds-graphite-to-stockpile-list/7017.html