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Graphite One Resources ( (TSE:GPH) ) has issued an announcement.
Graphite One Inc., in collaboration with Vorbeck Materials, is working on a project funded by the U.S. Department of Defense’s Defense Logistics Agency to create an environmentally-friendly firefighting foam. The new graphite-based foam aims to replace current carcinogenic and environmentally harmful foams used by military and civilian firefighting agencies, potentially benefiting both military operations and local community firefighting efforts.
More about Graphite One Resources
Graphite One Inc. is a company involved in the development and supply of graphite-based products. It focuses on environmentally-friendly solutions sourced from its Graphite Creek deposit in Alaska and collaborates on projects to innovate materials for various applications.
YTD Price Performance: 6.52%
Average Trading Volume: 71,036
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $73.08M
Find detailed analytics on GPH stock on TipRanks’ Stock Analysis page.