|1/14/2016 by mdc|
|Charlotte McLeod reports that it can be easy to forget the Australian involvement in the graphite industry. For one thing, it only recently started producing graphite again after a hiatus of over two decades. For another, a slew of ASX-listed graphite companies ... Syrah Resources, Triton Minerals, and Talga Resources,, to name a few, are successfully pursuing graphite not in Australia, but in other countries. However, that is certainly not to say that there is no graphite in Australia. In fact, Geoscience Australia states that the economic demonstrated resources in Australia stood at about 970 kilotonnes of graphite in 2013, up significantly from 589 kilotonnes in 2012. That breaks down into 793 kilotonnes in South Australia and 177 kilotonnes in Western Australia.|
With that in mind, the Investing News Network has put together an overview of companies currently exploring for and producing graphite in Australia. Read on to learn more about these Australian graphite companies, and if we missed one, please let us know in the comments.
Archer Exploration ....
Archer Exploration bills itself as a graphite, magnesite, manganese, copper, gold and uranium explorer, and wholly owns a portfolio of projects covering over 10,500 square kilometers in the South Australian Gawler Craton and Adelaide Fold Belt.
In terms of graphite, its focus is the Eyre Peninsula graphite projects, comprised of the Campoona and Carappee Hill projects. The former has a measured, indicated and inferred JORC resource of 5.27 million tonnes at 7.6% total graphitic carbon (TGC) (based on a cut off of 2%), while the latter, which contains the Sugarloaf deposit, has an exploration target of 37 to 70 million tonnes grading 10 to 12 percent carbon. The most recent news on Campoona can be found here, and the latest on Sugarloaf can be found here.
Buxton Resources, Hexagon Resources, Lincoln Minerals, and Valence Industries, and others, are also actively searching for graphite in Australia.