Matt Gowing: Hunting for Profits in Rare Graphite

- September 21st, 2011

NASDAQ reported that Mackie Research Strategic Metals and Clean Tech Analyst, Matt Gowing, commented that lithium-ion batteries may be named for the alkali metal, but graphite is actually used in greater amounts.

NASDAQ reported that Mackie Research Strategic Metals and Clean Tech Analyst, Matt Gowing, commented that lithium-ion batteries may be named for the alkali metal, but graphite is actually used in greater amounts.

The market news is quoted as saying:

While lithium supply concerns have made for splashy headlines, the graphite market is quietly ramping up to meet increasing demand. In this exclusive interview with The Critical Metals Report, Gowing discusses mining operations poised to ease supply gridlock as well as how to measure a mine by the size of its flakes.

New, high-tech applications require more and more graphite production. In China, which produces 70% of the world’s graphite, they’re essentially running out as mines are depleted. They are extracting graphite from deeper in the mines, which increases operating costs and prices. There is a very severe need for new graphite projects to come online in the world.

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