Graphite is a non-metallic mineral, one of two natural forms of carbon (the other is diamond). With the highest natural strength and stiffness of any material, graphite is an excellent conductor of heat and electricity.
Graphite is a critical strategic mineral (the USA has declared graphite a supply critical mineral; the European Union declared graphite a critical raw material). The United States currently imports 100% of all graphite consumed, and China, who controls ~75% of global graphite production, has imposed a policy of resource nationalization, including export duties, licenses and environmental restrictions on new and existing mines.
Although there are ~200 graphite applications, the one with the most significant and enduring future demand is lithium-ion batteries (graphite is used to manufacture the anode in a lithium-ion battery).
WCA Group today operates its mining activities in Brazil through its new subsidiary, Carbon Natural Resources Managment & trading. Since 2019 its focus has been developing a natural graphite project, among four concessions, located in the state of Bahia, that has the features and the potential to be a world class deposit, having an extension of over 10km.
The geological and chemical studies conducted to date show that the quality of the graphite is excellent and compatible with its most noble uses, as it can be consider natural spherical graphite. The overall quantities of the deposit are still being defined, but today we can estimate a resource of graphitic rock of about 400M tons with 3% average carbon content. Flake size variates between small and medium.
Logistic is also a great strenght with the closest international port at less then 80km.