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Investing in graphite mines is another potentially good move, especially if the need for graphite increases sharply in the future. It could be a good alternative to investing in graphene, since graphite is the ore from which graphene is made.
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Although Graphite is not particularly rare, good Graphite crystals are uncommon. Well-known worldwide localities for Graphite are Pargas, Finland; Mount Vesuvius, Italy; Borrowdale, Cumbria, England; and Mont Saint-Sauveur, Quebec, Canada.
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The presence of free electrons makes graphite a good conductor of electricity and it is used to make electrodes. 5.
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Syrah has the massive Balama graphite resource in Mozambique, which is rapidly progressing towards production. The project hosts the largest graphite ore reserves in the world with an Australasian Joint Ore Reserves Committee (JORC 2012) compliant Ore Reserve of 81.4Mt at 16.2%, for 13.1Mt of contained graphite.
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This greasy characteristic makes graphite a good lubricant. Because it is a solid material, it is known as a dry lubricant. This is useful in applications where wet lubricants, such as oil, cannot be used.
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Graphite has the same composition as diamond, the hardest mineral known, but its unique structure makes it extremely light, soft, inert and highly resistant to heat.
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