The Conversation (0)
Business Insider reported an interview with Ron Suthers regarding the graphite industry.
Business Insider reported an interview with Ron Suthers regarding the graphite industry.
Ron Suthers said:
I was fortunate in that I had been familiar for many years with a graphite deposit in Northern Ontario so I was aware of the mineral’s uses. I first realized the extent of graphite’s potential in late 2010 when prices started to firm up. However, the timing was not right until graphite prices took off, which happened when the market became aware of the mineral’s high carbon purity and the fact that there is a lot more graphite in a lithium-ion battery than there is lithium. High carbon is also used to make graphene, which is finding its way into a lot of high-tech applications. In addition to the big demand for lithium batteries in electric cars, graphene is used in cellphones and other battery-operated tech equipment. That is when I started looking around for other good graphite deposits, and discovered it’s a pretty small market.
