Natural graphite is a soft, black, naturally occurring metallic mineral, composed of the element carbon (a crystalline, allotropic form of carbon). Graphite is used as a solid lubricant, as a moderator in nuclear reactors… and in pencils. Both the European Union and the United States have named graphite as a critical mineral.
There are three types of natural graphite: amorphous, flake and vein. Amorphous graphite is a naturally occurring seam mineral formed from the geologic metamorphism of anthracite coal. This form of graphite is called amorphous because to the naked eye, macroscopic graphite crystals are not visible and, as a result, has an amorphous appearance. Amorphous graphite contains 70% to 75% carbon and is the most common type of graphite.
Blencowe Resources Plc (LON:BRES) is a United Kingdom-based mineral exploration and development company. The Company is focused on exploration and development of the Orom Graphite Project in the Republic of Uganda.