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Thursday, July 25, 2019 10:28:03 AM
FYI,,,The price of graphite is about the same as a year ago because of current global trade uncertainties, but the long-term forecast for graphite price increases is very strong. China currently mines about 75% of the world’s graphite and is stockpiling for its own use rather than selling in the global market.
There are no producing graphite mines in the United States and only one graphite mine in Canada. That mine is quickly exhausting its supply. With the exploding demand for graphite worldwide, it is clear that a successful Atacama graphite mine would increase the market value of Atacama significantly be a game changer for the graphite industry on a global basis.
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