The US DoD (Department of Defense) has identified many opportunities using graphite, with senior level meetings having taken place earlier this year. NavoCarbon, with our established supply chain, are in a strong position to fulfill domestic needs for battery-grade graphite.
Mineral Securing Policy Generates Business Development Opportunities
The procurement arm of the US DoD, the Defense Logistics Agency (DLA) is currently exerting efforts to secure several critical minerals. This includes graphite, with the following statement from a DLA announcement stating that:
“The Defense Logistics Agency (DLA) is seeking to identify a domestic capability that demonstrates the ability to source and manufacture battery-grade graphite, both natural and synthetic. Specialty refined and upgraded graphite is a critical input material in multiple supply chains of the DLA. Graphite is an integral component in batteries (lithium-ion, alkaline, lithium primary and reserve types), conductive coatings, refractories, brake systems, lubricants, paints, powdered metal compounds and other critical parts. Defense weapon systems use various strategic and critical materials of which there is very limited domestic production of these materials and therefore a risk of foreign reliance.”
This announcement (DLA-18-BAA-RIF-0002) called for interested suppliers to respond with the submission of white papers, which are then assessed by the DLA. Suppliers who fit the requirements to move forwards then complete full a proposal that is then further assessed and, where appropriate, contracts are awarded with financial support coming from the Rapid Innovation Fund (RIF).
“The Rapid Innovation Fund provides a collaborative vehicle for small businesses to provide the department with innovative technologies that can be rapidly inserted into acquisition programs that meet specific defense needs.”
NovoCarbon Submits White Paper Following Attendance of Senior Washington Meeting
NovoCarbon Attends High Level Meetings in Washington, DC and Submits White Paper
CEO of NovoCarbon, Paul Gorman, has visited Washington to take part in senior meetings with the DoD and the DoE (Department of Energy). These meetings allowed NovoCarbon to develop understanding of the goals of the departments and to introduce NovoCarbon as a supplier who can help alleviate supply chain problems.
After the meetings Novocarbon submitted a white paper which suggested the first steps the DoD should take to improve the supply chain for high tech graphite, the material used in the manufacturing of energy storage and battery systems.
NovoCarbon can Provide Battery Grade Graphite
“While there is certainly no guarantee of success, we are confident in our prospects and are highly encouraged by the preliminary feedback we have received in meetings with personnel at the Department of Defense. Meanwhile, we have become aware of additional opportunities that are available through the DOD and are preparing to pursue them. We are being supported by the team at J. A. Green & Company, whose assistance has been invaluable.”
This information has been sourced, reviewed and adapted from materials provided by NovoCarbon, Inc.
For more information on this source, please visit NovoCarbon, Inc.