Natural graphite is one of the minerals defined critical for the EU economy. It is used for refractory applications, brake pads, carbon brushes for electric motors, foundries, as a dry lubricant, for steel manufacturing and in battery industry, for anode manufacturing. Natural graphite is one of the most common materials used in battery anodes, thanks to its abundance, low cost, long cycle life and conductive properties.
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Grafintec Oy has signed a new Memorandum of Understanding with Qingdao Hensen Graphite Ltd, that includes an agreed framework and key terms on which both companies are collaborating with regards to establishing an anode materials hub in Vaasa, Finland (click to read more).
In mineral exploration, Grafintec has projects in Heinävesi, Tuusniemi and Lapua. Currently, the company is developing the Aitolampi graphite deposit located in Heinävesi.
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Critical and Strategic Raw Materials identified
The CRM Act has identified 34 raw materials as critical and 16 raw materials as strategic. Natural graphite is EU Critical Raw Material and battery-grade natural graphite is Strategic Raw Material. The Regulation aims to propose a comprehensive set of …
The electrification of society and battery industry decisions have a significant impact on the extent in which climate targets can be achieved. The National Battery Strategy 2025 presents the means by which Finland can develop into a competitive, competent and sustainable part of the global battery industry. The foundation for all this is to promote sustainable battery production and electrification.
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Standard for Sustainable Exploration
Grafintec Oy has undertaken to adhere to the guidelines of the mineral exploration accountability system, renewed in 2021, where companies have undertaken to adhere policies sustainable for nature, people and economy.