Graphite potential in Greenland

Graphite is the most common naturally occurring form of crystalline carbon. It has special characteristics due to its crystallographic structure, making graphite a very important industrial mineral with many applications including refractories, electrodes and crucibles, brake linings, lithium-ion batteries, etc. The production of total graphite in 2017 was 1.2 mio. tonnes. A conservative prediction is that the demand for flake graphite will rise 50% by 2025 to about 900,000 tonnes per year, especially due to the production of lithium batteries for electric cars.