The following is an extract from a recent article on the graphite boom. It is obviously talking about Elcora resources but is positive for all Sri Lankan Graphite.
Another one is Elcora Resources—the only junior now with a producing mine, albeit a small-scale operation. It's in Sri Lanka—known for the best graphite in the world—and Elcora plans to boost production there.
TGR: Why is Sri Lankan graphite considered the best?
RS: Historically, it always commanded the highest price because of its high purity. It's the only place in the world where lump veins are mined, so it comes out of the ground at 94–99% carbon. The ore requires almost zero processing. Elcora is focused on making that graphite into battery-grade graphite and graphene. Elcora Chief Operating Officer Dr. Ian Flint has spent many years conducting graphite research. Given the high purity and the ease of the flake extraction, Sri Lankan graphite probably has the best odds of being the first to be turned into graphene at much lower costs.
TGR: Elcora is about to change its name to Graphene Corp. Given that it has yet to produce graphene, that seems somewhat misleading.
RS: Graphene is going to be its focus. Flint became involved in the company early on and he's been in graphene research for a long time. That's the focus of the company.
http://www.equities.com/editors-desk/futures-commodities/bullish-catalysts-for-the-graphite-boom
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