Contact Us

Show printable version of 'FAQ' item in a New Window
    The previous document was posted in error and was not intended for external distribution. The current document has been posted only for informational purposes.
     
     
  • Company Presentation

FAQ

1. What is graphite?

Graphite is a natural form of carbon and has a number of outstanding chemical and physical characteristics, including:
  • It is an excellent conductor of heat and electricity -- as conductive as copper with 1/8th the density
  • It has a high melting point of 3,650C, which makes it valuable for industries, such as the steel industry, that operate in extreme conditions
  • It is extremely resistant to strong acids; it is chemically inert and highly refractive
  • It is thermal shock-resistant
  • It has outstanding lubrication properties
  • It has a low absorption coefficient for X-rays and electrons
  • This broad range of qualities makes graphite well-suited to a wide variety of applications across numerous industries.

2. What is the market for graphite?

Global production of natural graphite reached a historical high of approximately one million tonnes in 2008, following five years of modest annual growth of 2.5%. According to Roskill Information Services Ltd:
  • China accounts for approximately 80% of world graphite supply, but growth in its run-of-mine output has slowed in the current decade
  • There have been significant increases in output in some of the other producing countries since 2001, including Brazil (3.7% p.a.), Sri Lanka (6.2% p.a.) and North Korea (3.5% p.a.)

3. When does Ontario Graphite expect to have the Kearney Mine fully operational?

Ontario Graphite Ltd. is scheduled to begin production at the Kearney Mine by mid-2012.

4. How does graphite mining work?

There are several steps in the production process before graphite can be bundled and sold to customers.
  • Extraction -- Ore (graphite-rich rock) is extracted via surface excavation and trucked to the nearby mill for processing. This stage of the process also produces waste rock, which is deposited in a designated area with the boundaries of the Kearney Mine property.
  • Processing -- Ore is crushed to the consistency of sand and undergoes a series of flotation processes during which graphite flakes are skimmed off. These flakes are then dried and bagged for sale.
  • Tailings Storage -- The crushed rocks that remain after the graphite is removed, called tailings, are chemically inert and transferred to the on-site tailings area for long-term storage in accordance with Ontario Ministry of Energy requirements and world-class environmental practices.

5. What is micronized graphite?

Micronized graphite is very finely milled graphite. This produces extremely small particles that can be used in lubricants and other industrial applications.

6. Where will product from the Kearney Mine go?

Within two years the Kearney Mine will be the largest producer of flake graphite in North America and its location makes it an ideal supplier to the North American and European markets.

7. Who owns Ontario Graphite?

Ontario Graphite is majority-owned and financed by a consortium of private equity organizations and is led by one of the most experienced management teams in the business.

8. How is Ontario Graphite protecting its surrounding environment?

Ontario Graphite has worked with federal and provincial governments, engineering firms and others to ensure that our environmental practices meet or exceed the requirements of all regulations and that the facility operates in a manner that safeguards the surrounding environment. In order to ensure that our facility operates in an environmentally responsible manner, Ontario Graphite has made significant environmental commitments.

9. What is Ontario Graphite's commitment to the community?

The Kearney Mine will provide approximately 80 direct full time jobs, and our goal is to fill these positions locally. It is also likely to provide about three times as many spin-off jobs as well as other economic benefits for the region, including increased tax revenues.

We recognize, however, that our responsibility to the community extends beyond the economic benefits of our day-to-day operations. Ontario Graphite has committed to providing financial support for roadway projects in the surrounding area and will look to partner with appropriate community organizations and projects by providing support and encouraging our employees to volunteer in the community.

Ontario Graphite is committed to working with Aboriginal communities for the mutual benefit of all parties, in relationships of respect, understanding and trust. Ontario Graphite believes that effective engagement of Aboriginal communities is critical in building and maintaining working relationships.

10. What happens when the Kearney Mine closes?

A Closure Plan has been developed in accordance with Ontario Regulation 240/00 promulgated under Part VII of the Mining Act. The Closure Plan shows how the Kearney Mine will be shut down at the end of operation, with due regard to the protection of the environment, the restoration of the mine site and ensuring the interests of the Crown and the public are maintained.