The company was formerly named Elcora Resources, and changed its name in February 2016.
It is based in Canada and aims to become a vertically integrated carbon company - from graphite mining to graphene production. The company has full operational control and a 40% equity interest in Sakura graphite Mine in Sri Lanka.
Elcora Resources is a public company that trades in the Toronto stock exchange (TSXV: ERA)
The latest Elcora graphene news:
Elcora Advanced Materials to develop graphene-infused Lithium-ion batteries for fast charge applications
Elcora states that its expertise in graphene and lithium-ion battery technology will assist in this project, and that it is presently working with strategic partners (as well as in its in-house Lithium-Ion R&D Battery Lab) in development of applications.
In addition to this amount, the Elcora announced that it has closed the non-brokered private placement financing announced in the beginning of the year.
Elcora Advanced Materials has announced a non-brokered private placement offering of up to 20,370,370 units at a price of $0.27 per Unit to raise aggregate gross proceeds of up to $5,500,000.
Canada-based Elcora Advanced Materials has reported its first shipment of graphene from its 100% wholly owned subsidiary, Graphene Corp. The graphene material, produced from its Canadian plant in Bedford, Nova Scotia reportedly meets all the high-quality specifications as tested by the Centre for Advanced 2D Materials (CA2DM) at the National University of Singapore (NUS).
Elcora, through Graphene Corp., has developed processes to refine graphite with a much higher yield of graphene. This process can be used with a wide variety of graphite sources, therefore does not limit itself to specific raw material used. The Elcora technical personnel have also developed a unique low-cost and ecological process to make graphene that is commercially scalable.
Elcora Advanced Materials recently reported on the progress of its Graphene R&D Lab in Halifax, Nova Scotia. Construction of the graphene production facility commenced in February 2016 and the equipment is now in place and commissioning is reportedly on schedule.
According to the company, the lab will develop and optimize a small industrial-sized graphene production chain, as well as conduct graphene research in energy storage, coatings and printed electronics, developing commercial applications. The (approximately) 2000 sq ft size Lab is designed to provide secondary refining of the company's graphite from the Ragedara Mine in Sri Lanka as well as other graphite deposits, and to produce quality graphene for distribution and sale to other R&D organizations. In addition, it will also be used to conduct Elcora's own internal graphene application development, as part of the company's vertical integration plan.