Title:China-Canada Bilateral Business Co-Operation in the Low Carbon Economy offers Opportunities for Graphite and Graphene Producers
SymposiumD4: Graphene Investment
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Abstract
Canada and China are poised to build a strong bilateral relationship for the commercialization of graphene for the betterment of humanity.
The natural flake graphite market in China has changed dramatically in the last five years from a dig-and-sell commodity business to a value-added product business and, driven by domestic and international factors, the industry is being shaped by two colliding forces: climate change and the graphene revolution.
Globally, national governments are committing to stringent emission targets and implementing policies to foster and propel new material advancements. Traditional mining industries, weakened by the global commodity downturn, are searching for ways to revive their businesses, while new material enterprises, such as value-added graphite and graphene start-ups, are looking to leverage these game-changing opportunities.
The impact has been significant and long-term implications will dramatically change the graphite sector.
Both China and Canada are committed to stringent emission targets and are implementing policies that foster and propel new material advancements
China’s 13th Five Year Plan calls for China to become an innovation power, pushing the boundaries of the technological frontier and moving up the value-added chain in diverse industrial sectors.Six Strategic Emerging Industries are intended to rebalance the economy toward more advanced technologies, and three of those have near-and-medium term implications for graphene’s advancement and commercialization - they are: energy storage and distribution, advanced materials and new-energy vehicles.
Canadian government policy will continue to pursue a renewed relationship with China which will support numerous bilateral opportunities for cooperation, investment and partnering to exploit opportunities in the coming graphene revolution.
China leads the world in the number of graphene patents filed and has set its sight on leading the commercialization of graphene applications. To achieve its goals China holds the potential to become a net importer of technology-grade graphite, high-energy density graphene, graphene derivatives and Canada’s expertise in transforming new materials to marketable industrial and consumer products.
The Canadian Government has committed millions of dollars to build the world’s first automated mass production graphene linein partnership with Grafoid Inc., and the Chinese Government – through its latest five-year plan – intends to propel advances in energy storage and the electrification of its transportationsector by partnering with private industries and investment funds.
Now is the time for companies and Investors in both countries to come together totake advantage of the opportunities before them.