Why Graphite Is The New Gold As Tech Wars Ramp Up | Risky Business

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Published 2024-02-03
One of Sri Lanka's oldest mines holds valuable deposits of graphite — a critical mineral that makes up the largest part of EV batteries. But even though the country produces the world's purest form, experts say Sri Lanka isn't a global competitor. So what can the country do to rise up and meet the skyrocketing demand?

Editor's Note: A previous version of this video incorrectly stated that the graphite deposits in Sri Lanka are 2,500 years old.

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00:00 - Intro
00:56 - A Way Of Life In Sri Lanka
01:36 - Going Down The Elevator
02:16 - Mining 2,000 Feet Underground
02:41 - Blasting Rocks With Dynamite
04:09 - The Challenges Of Mining
05:23 - History Of Sri Lanka's Graphite
05:57 - China Enters The Graphite Game
06:04 - Processing Vein Graphite In Sri Lanka
06:31 - Graphite Industry In Sri Lanka Vs. China
07:00 - Graphite's Role In EV Batteries
07:31 - China's Monopoly On Graphite
08:01 - China's Graphite Restrictions & The US
08:29 - Potential Of Sri Lanka's Graphite
08:49 - Working In The Kahatagaha Mine
09:28 - A Humble Lifestyle
10:07 - Credits

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#graphite #mining #insidernews

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Plunging 2,000 Feet Underground For A Critical Mineral: Graphite | Risky Business | Insider News

All Comments (21)
  • @mikeatback
    Its a shame that pretty much all over the world miners are paid extremely low but yet the entire world is dependent on them.
  • @narenlk182
    Blessed with natural resources but cursed by politicians- so Sri Lanka
  • @icicestparis
    this father is such a great dad, respect for his hard work, such an exemple for many, he has a hard life but does it for his familly
  • @KallMeBeelz
    The women processing the graphite by hand wearing hardhats with bare feet are just killing me.
  • @Gnefitisis
    I think this is an amazing economic opportunity for Sri Lanka. Let's go!
  • @melodyparra2960
    And yet the government doesn’t invest in better equipment in the mines that it owns
  • @Shadsterwolf
    Such a good father to work so hard so his son can go to school and for a better future.
  • @oldman1944
    Jesus boss, spend a few cents and get those women some gloves.
  • @ZebbMassiv
    I really hope Sri Lanka doesn't get ripped off .
  • @CHEVYCAMARO4GEN
    The main guy Neil is a happy man, just like any middle class, work sucks, pay sucks but coming home, doing some gardening barefoot and hang out with the fambam makes it worth it
  • @gunsforevery1
    It wasn’t used to make cannon balls, it was used to line molds as a lubricant for things like cannon balls.
  • @jktv3332
    $100 a month, I FEEL SORRY FOR THESE MINERS
  • @andrewgnys6285
    Brave souls. SL is a beautiful country, but there safety needs to improve greatly.
  • @tacet3045
    Clarification it wasn't used as cannonballs it was used in the cannonball mould to make the ball smoother and thus fly straighter.
  • @hardware64
    Glad it's the purest graphite in the world, so they know they're breathing in the good stuff
  • @jasondiggs6740
    These poor people working so hard to earn pennies while the corporations make billions off their labor.
  • @CHEVYCAMARO4GEN
    I like how it’s a business YouTube channel that’s global yet uses Fahrenheit
  • @simonphoenix3789
    its not dynamite. Nobody uses dynamite for mining nowadays. that looks like ANFO.
  • @kaynefryday6637
    You don’t know what you are talking about , they do not inject water in the walls to stabilise them . The water is to stop the dust when drilling .