Global graphite market is at $14.3 billion in 2019 & will reach $21.6 billion by 2027. Here is what the graphite mining companies perceive of its diverse uses. 

Graphite is a mineral of carbon, useful in a wide variety of industries such as electrical vehicles, refractories, foundry, lubricating agents, construction applications, and others. Graphite is non-metal but possesses metallic properties such as high stiffness, strength, a good conductor of electricity & heat, and others. Recently there have been headlines about graphite mining for battery industries. The reason behind this is again the unique properties of graphite that make it a huge fit. 

About The Types Of Graphite

Graphite is one of the most thermodynamically stable allotropes of carbon. The increasing use of graphite in the above-mentioned industries owes to its characteristics. These are:

• Reduced wear
• Easy to machine
• Thermal shock resistant
• The high metal removal rate

The graphite market covers in-depth information of the major industry participants. There are two different forms of graphite, which include natural graphite and synthetic graphite. It is possible to further sub categorize natural graphite segments into flake graphite, amorphous graphite, and high crystalline graphite. 

• High Crystalline – Crystalline graphite has a  purity of around 90% and also, it comes in the size range of 1 cm to 1 m in thickness. The crystalline graphite has come from crude oil deposits which have transformed into graphite over time. 
• Amorphous – Although it is popular by the name amorphous, it is still crystalline in nature. It is the least graphite among all the natural graphites.  
• Flake – It is common in metamorphic rocks with concentrations varying between 5% to 40%. Flake graphite is available in numerous locations around the world.

On the other hand, the synthetic graphite segment is further classified into graphite electrode, graphite block, carbon fiber, graphite powder, and others. 

Latest Graphite Mining News 

According to recent news, the cost of synthetic graphite is fluctuating. Prices for synthetic graphite electrodes increased by more than 800%. Currently, it has a high price due to the unavailability of raw materials. Meteorologists implement advanced topographic survey instruments to facilitate eco-friendly mining. The Mine and Mineral Act gives provision for a simple, transparent, and also, easy mechanism for granting mining leases. There is a strict penalty associated with illegal mining which thoroughly condemns any such practices. It also highlights that the offense is punishable by law. 
Skamord Mining has become one of the top graphite mining companies in the country. We focus on areas like exploration, mine planning, construction, mineral extraction, mine closure, and also, post-closure reclamation.