Loving those opportunities to accumulate. When this runs, it will run hot.Graphite is considered a good investment for a few reasons:
Growing demand: As mentioned before, the demand for graphite is expected to increase due to the growing use of lithium-ion batteries, fuel cells, and graphene, which are all used in a variety of industrial and technological applications.
Limited supply: Graphite is a relatively rare mineral, and its production is concentrated in a few countries, such as China, which currently produces around 75% of the world's graphite. This limited supply may lead to higher prices for graphite in the future.
Potential for technological breakthroughs: Graphite is a versatile material, and scientists are currently researching new ways to use it in various applications, such as in the production of lithium-ion batteries with higher energy density and in the creation of new types of graphene-based materials. These technological breakthroughs could lead to even greater demand for graphite in the future.
High-profit margins: Graphite mining can be a profitable business, as the profit margins are often high due to the high prices of graphite and the low costs of production.
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Last
8.4¢ |
Change
-0.001(1.18%) |
Mkt cap ! $16.25M |
Open | High | Low | Value | Volume |
8.5¢ | 8.5¢ | 8.4¢ | $17.27K | 204.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 66225 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 18029 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 66225 | 0.080 |
2 | 56800 | 0.075 |
1 | 18000 | 0.073 |
3 | 123000 | 0.070 |
2 | 102370 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 18029 | 1 |
0.085 | 286758 | 2 |
0.088 | 70000 | 1 |
0.094 | 24595 | 1 |
0.095 | 525 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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