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Significant quantities of graphite now being sourced from Africa

Roskill’s new report on the graphite industry identifies China as the source of more than 90% of world supply of amorphous graphite, and around two thirds of flake graphite supply in 2019. Flake graphite is a raw material vital for use in lithium-ion battery anodes and a key mineral for the success of the booming EV sector. Furthermore, 100% of flake graphite processing, which produces lithium-ion battery grades (spherical graphite) takes place in China.

However, for raw material flake, China has rapidly increased its imports, with significant quantities of material now being sourced from Africa. Chinese imports increased by 971% in 2018 to 63kt, and by 212% in 2019 to 197kt.

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. 

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