Tesla Motors CEO Elon Musk announced early in 2014 that it plans to build a $5-billion lithium-ion battery gigafactory. Market watchers immediately began predicting how much lithium, cobalt and, of course, graphite the facility might require. Learn about these graphite companies looking to supply this growing market. Such as, Flinders Resources Limited Supplying Graphite to Europe Magnis Resources Large and Jumbo Flake Graphite in Tanzania and Historic Offtake with SINOMA Focus Graphite A Mine-to-Market Technology Graphite Company Energizer Resources Developing a High-Quality and Scalable Graphite Deposit Eagle Graphite High Carbon Flake Graphite for the Worldwide Market Graphite One Resources Advancing the Graphite Creek Deposit in Alaska, USA Next Graphite, Inc. Relaunching Namibian Only Graphite Mine Lomiko Metals Graphite, Graphene & 3D Printing Canada Carbon Purity Redefined Graphite is one of the hottest sectors in the resource industry today, and has sparked investor interest and an exploration boom. Some of the most critical factors that have pushed the metal to the fore include the ongoing expansion of alternative energy and the issue of Chinese supply. Benchmark Mineral Intelligence has predicted that if the Tesla gigafactory reaches its target capacity of 35 GWh by 2020, it will require 112,500 tonnes of flake graphite, 45,000 tonnes of spherical graphite It is also worth noting that Tesla is not the only company with a lithium-ion battery megafactory in the works. LG Chem, FoxConn Technology, BYD, and Boston Power are also planning facilities of their own. China is a key consideration when looking at graphite supply. At the end of 2013, the Asian nation ordered 55 graphite miners and processors in the city of Pingdu to cease production on environmental grounds. While those shutdowns, coupled with impending megafactory demand, were expected to boost graphite prices, ultimately that has not yet happened.
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Managed & Built by I2M Consulting, LLC | © 2010-