Mining Weekly reported that Zenyatta Ventures is investing on a rare kind of natural graphite, which it claims to be able to compete with synthetic graphite while significantly reducing the cost of production.
As quoted in the market news:
The unique nature of the project has already captured the market’s attention. Zenyatta’s stock quintupled in value from 14.5 Canadian cents to 79 Canadian cents in 2012. In that same period, the broader S&P/TSX Venture Composite Index fell more than 17%.