Graphite mines in the United States largely closed down seven decades ago. Mining the ubiquitous mineral found in everything from nuclear reactors to pencils seemed to make little sense when it could be imported inexpensively from other nations, especially China. That view is changing now. Demand for graphite, a key material in the lithium-ion batteries that power everything from phones to electric cars, is surging as trade tensions with China persist. With federal officials concerned about the steady supply of a number of critical minerals, several companies have plans to mine graphite. In New York, Titan Mining Corp has mined a limited amount of ore from a deposit in snowy woods about 40 km from the Canadian border, aiming for commercial sales by 2028. Company officials believe the geopolitical winds are at their backs to sell graphite concentrate for high-tech, industrial and military uses. That could include heat-resistant coatings in factories, anodes in large lithium-ion ...
Shares of KIOCL hit a new high of ₹628.85, soaring 19 per cent on the BSE in Monday's intra-day trade amid heavy volumes.
Rise has occurred over past 2 days, pushing stock to a 70-month high
Rain Carbon and Northern Graphite Corporation will develop advanced battery anode material (BAM) used in lithium-Ion batteries for EVs.
The IRA offers various incentives to accelerate EV adoption in the automotive industry. If signed, the agreement could position India as a key hub for global battery material exports
To stay ahead in a fast-changing industry, carmakers have been investing directly in mining projects to ensure future supplies of battery inputs
China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said
One site each of potential gold, copper, graphite, bauxite, and moissanite would be taken up for the initial study, the official said.
Vikas Bardiya's firm Nanomatrix has, in a span of about a year, developed a dealer network in several large Indian cities and is exporting to the US, UAE and Thailand
HEG plans to increase its annual capacity by a quarter to 100,000 tons in about three years to meet higher demand
Two relatively small firms - HEG and Graphite India - together make a profit of Rs 17 bn in Q1, more than L&T