The Conversation (0)
The Northern Miner recently featured Graphite One Resources’ (TSXV:GPH) Graphite Creek property in Alaska, in an article entitled “Graphite One Pushing to Production to Feed Tech Sector Hungry for High-Grade Graphite”.
As quoted in the article:
Graphite Creek is well situated for a rapid push to production: there are roads with 20 km and tidewater is just 3 km away. But why the haste to get into production?
For the simple reason that demand for flake graphite keeps climbing and supplies are not keeping up.
The graphite market is experiencing a perfect storm: demand from conventional applications for low grade, microcrystalline graphite continues apace, while novel applications are driving up demand for high purity, large flake graphite. Meanwhile, the world’s largest graphite producer – China – is limiting and taxing exports.
As a result, analysts see a global graphite deficit looming. The situation prompted the United States to label graphite a supply critical material; the European Union added graphite to its list of strategic materials. Exactly when the deficit will hit, however, depends on a list of hard-to-forecast factors, ranging from global economic growth to the number of hybrid electric cars on the streets and from the pace of global nuclear energy growth to science’s success in achieving great things with the newest graphite product, graphene.
Click here to read the Graphite One Resources (TSXV:GPH) press release
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