Stocks in play: Ceylon Graphite Corp.

Announced it has opened an office in the United Kingdom (UK) to advance its strategic interests in innovative applications for graphite and graphene in multiple market segments including Europe’s massive push into vehicle electrification. The UK is home to leading global research and technology advancement in graphite applications, is the birthplace of graphene, and is also where Ceylon’s Chief Science Officer and technology partners Dr. Siva Bohm and Dr. Mallika Bohm are located with their research labs. “We see significant opportunity and definite need for our high-grade vein graphite to supply Lithium-Ion battery manufacturers in both UK and Europe”, said the Bharat Parashar, Chief Executive Office and Chair of the Board of Directors. “By being resident in-market we can more easily be directly involved in anode advancement for the EV and energy storage markets and work with our own scientists as well as government and other private sector researchers on innovative applications for graphite and graphene.” Ceylon Graphite Corp. shares V.CYL are trading unchanged at $0.24.

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