Investors Hub Daily
iHub My Stocks Activity
Ticker Buzz Cloud
Most Followed Members
Hot on StockWiki
My Image Gallery
The Graphene, Graphite and Carbon Nanotube Research Board
China currently produces about 80% of the world’s
Post New Msg
Thursday, March 01, 2012 2:37:35 PM
China currently produces about 80% of the world’s graphite supply but has restricted its exports.
Resource nationalism, as Berry calls it, will play a crucial role in graphite supply and demand. Britain, the US and other countries have already designated graphite as
He noted that emerging economies bring with them a rising quality of life, and “You can’t attain that without access to affordable, reliable and cheap electricity.
China’s current five-year plan “is the greenest in Chinese history,” Berry said, with the government committed to over $630 billion of energy research and development.
“Graphite is essential to the Chinese drive to find next-generation technology in energy storage, energy generation and energy efficiency.”
According to the US Geological Survey, 2011 world graphite production totalled 1.1 million tonnes. Some 60% of that is amorphous graphite, suited to steelmaking and other traditional uses.
Only 40% of current production is the flake graphite necessary for lithium-ion batteries and other new technologies. Traditional graphite use alone is expected to increase by 5% a year.
Berry explained, “These numbers ignore higher growth rates in batteries, that 25% I mentioned, and the potential for fuel cells and the potential growth in China and the US for pebble-bed nukes. Looking at the battery demand alone, compounded by 25% year on year until 2020, we’ll need 327,000 tonnes not just of graphite
but of large-flake, high-purity graphite.
If you add to that pebble-bed nuclear reactor demand just from China, that would require
another 400,000 tonnes of large-flake graphite by 2020.
Current global supply
of large-flake graphite is
just 400,000 tonnes
Batteries and pebble-bed nuclear reactors would require double the supply of large-flake graphite in the next eight years.”
My postings contain many opinions. So please do your own research
Join the Graphene/Graphite discussion and get ready to cash in...
Post New Msg
Report TOS Violation
+/- to Watchlist
© 2013 InvestorsHub.Com, Inc.
Terms of Service
Advertise With Us
Stock Market 101
Investor Help Forum
iHub on Facebook
iHub on Twitter
iHub iPhone/iPad App
iHub Android App