USA Graphite Inc fka USGT

[DITRstocks]

LAS VEGAS, NV, Jan 04, 2013 (MARKETWIRE via COMTEX) -- USA GRAPHITE INC. (OTCBB: USGT) (the "Company") is pleased to inform its shareholders of its activities in selecting the location of a high-quality Canadian project for a potential acquisition.
Canada is one of the world's dominant producers of high grade flake graphite and, according to the United States Geological Survey ("USGS"), the United States imported 19% of its graphite from Canada in 2011. The Company expects this number to increase in 2012 and rise even further in 2013 as demand for graphite is soaring due to larger production runs on both products requiring graphite and new applications for the super-material graphene.