One of the companies exploring for minerals in South Australia says there’s a chance Australia could enter the global market for graphite.
China is currently the world’s largest producer of graphite, but two companies have now found high grade deposits on the Eyre Peninsula.
Managing director of Archer Exploration, Gerard Anderson, says China has recently shut down a number of its mines, so now is the chance to get in the market.
“To have such a concentration of supply within China is a concern for the western world, and countries like Canada and certainly Sweden and Australia, are now trying to fill the potential gap there is in secure supply.”
Graphite is used in heavy industry and in technology like cameras, phones and computers
Archer Exploration’s managing director Gerard Anderson on the graphite market.