Industrial Minerals Article Explaining Impact of Tesla's New Plans on the

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Industrial Minerals Article Explaining Impact of Tesla's New Plans on the

posted on Mar 10, 2014 09:03PM

Graphite Market:

There is a need of 6-9 New Graphite Mines and Potential 37% Increase in Natural Flake Graphite Demand by 2020

an article published by Industrial Minerals, one of the most credible sources of graphite intelligence, explaining the impact of Tesla's new plans on the graphite market.

US automotive giant, Tesla, revealed plans to build a new $5 billion lithium-ion battery factory forecasted to reach production in 2017. According to Industrial Minerals (IM), the output of this new factory would more than double the size of the current market and the graphite industry would likely be the beneficiary of this growth. In IM's calculations, demand for natural flake graphite could increase by 37% by the year 2020, requiring equivalent production from six to nine new graphite mines.

Please follow this link to read the full article on Industrial Minerals' website: http://bit.ly/1nAt8IW