In 2010 there were two mining companies with graphite as their primary focus listed on world stock exchanges. Now there are over 80, of which 50 are listed on the Toronto Stock Exchange (TSX).
The interest in graphite exploration and mining was sparked by a rise in graphite prices in 2010, which was primarily a result of cutbacks in production and the introduction of a 20% export tax at Chinese mines. China still accounts for about 70% of the world's production of natural graphite, but Chinese mines are reputed to be running out of economically mineable ore.
After a short period of high prices graphite fell in 2012, but still remains at prices which are about twice what they were...
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