Heavily dominated by Chinese production, CSPG is produced by further processing mine generated graphite concentrate. It acts as a crucial feed material in the production of Li-ion battery anodes
Australia considers the availability of metal, non-metal and mineral raw materials (commodities) vital for the on-going development of a wide range of industries globally, including those involved in high-technology goods manufacturing as per Table 1 below.
Expandable graphite is used extensively in the EV, aerospace, energy storage and electronics industries with significant growth in these markets expected in the future. Benchmark Minerals expects graphite demand to increase substantially between 2018 and 2030 to meet the worlds energy demands.
The Project is positioned to deliver high-grade graphite concentrate into rapidly expanding global markets, addressing growing demand for secure and diversified sources of graphite supply.