What Is The Significance Of Graphite In The Mining Industry?
Searching for the best graphite mining companies in India? Read the blog to know more about the best industry in this sector & the uses of graphite.
Valued at USD 14.3 Billion in 2019, the global graphite market will reach USD 21.6 Billion by 2027, according to industry experts. The most noticeable factors that are driving the graphite industry are various end-user applications in industries. This includes electric vehicles, refractories, foundry, lubricating agents, construction applications, and others. In addition, the lithium-ion battery industry’s high demand and significant steel production via graphite electrodes also increase its demand. Graphite exploration service plays a key role in extracting the metal through various processes.
What Are The Main Uses Of Graphite and its mining?
Graphite has been in use since ancient times. It has a wide range of applications in the modern world too. Let’s look at some common uses of graphite below.
- Writing Materials: This is common knowledge that we all know that all our led pencils we use in writing have graphite. In this, the graphite is in amorphous form as the lead used is actually a mixture of clay and graphite.
- Lubricants: One of the main ingredients for lubricants like grease is graphite. This mineral reacts with atmospheric water vapor and creates a thin film or layer over the surface to reduce friction. More importantly, you will find graphite used in car brakes and clutches.
- Refractory: Graphite has refractory property due to its high tolerance to heat and unchangeability. Thus, the use of graphite in the manufacturing industry is a common sight as it helps in the production of glass and steel.
- Nuclear Reactors: Graphite also finds application in nuclear reactors. Its property to absorb fast-moving neutrons, help in stabilizing the nuclear reactions.
- Graphene Sheets: The main constituent of graphene sheet is graphite. These sheets are 100 times stronger and 10 times lighter than steel. This derivative of graphite is an addition in the manufacturing of strong yet lightweight sports equipment.
- Electrical industry: For the manufacturing of carbon electrodes, brushes, and plates crystalline flake graphite is useful. Used in the dry cell batteries in the electrical industry, graphite has thus become the most sought out non-metal in this sector.
Conclusion:
However, among all these, with the rise of electric vehicles, graphite is the hot topic on the commodity market. As there is an increase in demand for lithium batteries, the need for graphite is difficult to overlook. Graphite mining companies in India are thus trying to gain a competitive edge in the industry. Natural graphite mainly finds use in refractory and also, military applications.
Tasso Alloys Pvt. Ltd. is an Indian-listed mining company with three graphite mining leases, and a large land package. The company aims at being the leading graphite mining company in the world through its productive and ethical working relationships.