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This August 2011 photo released by Graphite One Resources shows Imuruk Basin from the Graphite Creek deposit, a mineral claim being explored by Graphite One Resources north of Nome, Alaska. A surge in prices in 2012 and the hope for expanded uses for graphite in electric car batteries has spurred exploration for high-grade flake graphite in North America and around the world. (AP Photo/Graphite One Resources, Anthony Huston)

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This July 2012 photo released by Graphite One Resources shows a helicopter taking off near Graphite Creek, a mineral claim being explored by Graphite One Resources north of Nome, Alaska. A surge in prices in 2012 and the hope for expanded uses for graphite in electric car batteries has spurred exploration for high-grade flake graphite in North America and around the world. (AP Photo/Graphite One Resources, Dean Besserer)