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In the context of mining, the graphite mining market involves the extraction of graphite, a native element mineral composed largely of carbon, known for its metallic luster and pale gray to black streak. Graphite is highly valued for various applications due to its properties of heat resistance, high electrical conductivity, and strength. As a lubricant, it is used in industries ranging from automotive to aerospace. Its usage in the manufacturing of refractory materials, batteries, and as a moderator in nuclear reactors also makes it a critical mineral. The mining process typically involves both open pit and underground methods, with the extraction and processing techniques being determined by the ore type, whether flake or amorphous graphite.
Commercially viable deposits of graphite are found in various regions, involving conventional mining methods such as drilling, blasting, and material hauling. Given the expanding technological applications, such as in lithium-ion batteries, demand for pure, high-grade graphite has spurred technological advancements in beneficiation, purification, and refining processes to achieve the desired quality.
Notable companies active in the graphite mining market include Graphite India Limited, Mason Graphite, Northern Graphite Corporation, Focus Graphite Inc., and NextSource Materials Inc. These companies engage in exploration, extraction, and processing of graphite, catering to a diverse range of industries from electronics to energy storage systems. Show Less Read more