The value-added graphite processing includes micronization, purification, spheronization and coating.

Such graphite products can be used in various applications, including alkaline batteries, lithium-ion batteries, fuel cells, carbon brushes, brake linings, plastics and lubricants.

The National Research Council of Canada and Montreal-based engineering firm Hatch will work together to develop the fabrication processes by the end of this year.

Mason Graphite president and CEO Benoit Gascon said: "We are very pleased to have initiated this important study, which we believe will allow us to broaden the range of applications accessible and further improve the economics of the operations and the Company as a whole.

"In order to enter the value-added graphite markets, a detailed study on large scale production is necessary over and above preliminary laboratory tests, some of which have already been done."

Mason Graphite and Hatch are already working to advance Lac Gueret project.