https://www.theage.com.au/world/asia/australia-s-race-against-chi...

https://www.theage.com.au/world/asia/australia-s-race-against-china-s-rare-earths-weapon-20200825-p55p8s.html

"But it is graphite, a key component of the lithium-ion batteries in phones, laptops, military and medical equipment and electric cars, that has sparked the most heated minerals race. Turkey, China, Brazil and Mozambique have the world's largest graphite reserves but only China has the technology and scale to purify the mineral into graphene and other battery anode compounds to make it useful."There is no other supplier in the world except China producing this material," says Andrew Spinks, managing director of EcoGraf, an Australian company set to become the first local processor of graphite in the country."It is the most electrically conductive mineral known. The next most conductive mineral is gold.""