Peru’s graphite market has seen consistent growth recently, largely fueled by rising demand from the lithium-ion battery and steel sectors. The country’s graphite reserves, mainly found in Amazonas and Ancash regions, are notable for their high-quality flake graphite, which producers of electric vehicles and renewable energy technologies highly value. Companies like Grafex and Inca Graphite stand to gain from this increasing demand. With the ongoing global transition toward electrification and carbon reduction, Peru is poised to become an important contributor to the international graphite market.
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