The Asian nation currently produces a very small amount of graphite — about 4,000 metric tons (MT) yearly, according to the US Geological Survey (USGS).
But Sri Lanka’s graphite is a unique product. The country produces lump and chippy dust graphite and is the world’s only source of these particular materials.
Lump and chippy dust graphite are the highest-value graphite products found globally, the USGS notes. In 2012, prices for Sri Lankan lump and chip graphite averaged $1,990 per MT, significantly higher than prices reported for other products, such as flake or amorphous graphite.
Will the opening of the Sri Lankan mining sector give junior companies access to this sought-after commodity?"
Kind Regards
BBR Price at posting:
61.0¢ Sentiment: LT Buy Disclosure: Held