Joshua Gold Resources has acquired two highly prospective Graphtie Properties in the Province of Ontario. Marketwired News Release
Graphite OverviewNatural graphite production exceeded 1,100,000 metric tonnes worldwide in 2012. Of total production, flake accounted for 55%, amorphous 44% and vein 1%. Demand for flake Graphite has increased dramatically. The current world price ranges between $1,400 and $2,000 based on quality and is expected to hold to this price level and grow in the future, due to restricted supply. Graphite has traditionally been used in steel making, lubricants, refractory’s and battery anodes will continue. There are currently new and growing applications for Graphite and recently discovered in 2004, Graphene an associated new material. A new application for Graphite is in electric vehicle batteries which are anticipated to increase graphite demand. As an example, a lithium-ion battery in a fully electric Nissan Leaf contains nearly 40 kg of graphite.
GrapheneGraphene is 200 times stronger than steel, thinner than a sheet of paper, and more conductive than copper. Applications are currently using and testing graphene for expanded use, as it makes:
- Solar – 50x-100x more efficient
- Semiconductors – 50x-100x faster
- Aircraft and motor vehicles – 70% lighter
- Batteries charge10x faster and store 10x more power…
- Phones and computer displays that bend and fold.