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Ceylon Graphite: Back to Graphite's Original Source

Ceylon Graphite: Back to Graphite's Original Source

Ceylon Graphite Corp, is listed on the TSX Venture Exchange. The company is an explorer for graphite and engaged in the development of graphite mines in Sri Lanka. The company holds exploration rights over a land package of around 121km². These rights cover areas of historic graphite production from the early twentieth century and represent a majority of the known graphite occurrences in Sri Lanka.

  • The price of most categories of graphite have picked up since 2017 but without going crazy
  • Ceylon Graphite has accumulated a large land package with significant evidence of past production from the glory days of Sri Lanka as the world's prime producer of graphite
  • Except for Syrah, most entrants are moderately sized and should not "spoil" the market
  • China has now switched over to being a graphite importer
  • Graphite price movements and stockpiled quantities remain essentially at the discretion of the Chinese
  • The market could be flooded short-term by the massively oversized Syrah mine in Mozambique

The retreat of lithium and cobalt from their frenzied heights of 2017 and early 2018 has allowed for calmer minds to prevail and attention has turned back to graphite, a key component in the lithium-ion battery configuration that had been pushed to the side during the hype over other battery minerals.

Ceylon Graphite is dedicated to production and is focussed intensely upon achieving that goal. With highly prospective past-producing territory the task is made that much easier

Full report is available via Capital Network website

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