The U.S. Department of Defense has awarded a $37.5 million grant to boost an Alaska mine project that would produce a mineral deemed critical to electronics and batteries: graphite. (via AlaskaBeacon)
Graphite – well-known for its use in ordinary pencils — is considered a critical mineral because it is used in high-temperature lubricants, brushes for electrical motors, friction materials and battery and fuel cells, according to the U.S. Geological Survey.largest of 10 identified significant graphite deposits
Helping Graphite One advance its project is in the national interest, the Department of Defense said in a “This investment to increase domestic capabilities for graphite exemplifies Industrial Base Policy’s commitment to building a resilient industrial base to meet current and future national defense requirements,” Dr. Laura Taylor-Kale, Assistant Secretary of Defense for Industrial Base Policy, said in the statement.
A map in a 1944 U.S. Geological Survey report shows graphite prospects identified in the Graphite Creek area. This area of the Seward Peninsula has long been known to hold graphite, and small-scale mining occurred in the early 20th century.
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