Invested by Western Canada Business Enterprises Ltd., Chenzhou Global Graphite Inc. is a solely foreign founded enterprise. The company has registered capital of 5 million USD. Relying on abundant microcrystalline graphite resources in Chenzhou, the corporation performs microcrystalline graphite purification and deep processing, for which it invested 10 million USD in total.  The company adopts patent technologies like purification methods, purifying accessory formula and high purity graphite extraction process. Furthermore it purifies the coarse graphite into high purity microcrystalline graphite which contains more than 99% carbon on the basis of acid method. Every year, 20,000 tons of 99% carbon-contained high purity microcrystalline graphite is produced here. It is widely used in metallurgy, chemical engineering, production of refractory used in building materials industry, friction material, and electric heating material used in electronic information industry.