CBS News reported that GrafTech International (NYSE:GTI) shares surged 12 cents.
As quoted in the market news:
Revenue fell 21 percent to $241 million from $306 million on weak demand for the company’s graphite electrodes.
Investing in graphite? Eagle Graphite Incorporated (TSXV:EGA) owns one of only two natural flake graphite production facilities in North America. Eagle Graphite recently achieved 99.995% purity from flake graphite produced from the processing plant of the Black Crystal project in BC.
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