Supply Chain & Raw Materials

Graphite 101 NATURAL GRAPHITE IS MINED FROM THE EARTH SYNTHETIC GRAPHITE IS DERIVED FROM PETROLEUM COKE

OVER 85% OF BATTERIES USE SYNTHETIC GRAPHITE Natural graphite has (historically) been cheaper and much less carbon-intensive to produce. Synthetic graphite is favored for its high purity and predictable performance, with benefits of fast charging and long cycle life. Lead time on a synthetic graphite plant is much shorter than natural graphite mine. Synthetic graphite has consolidated its market share, but it is sometimes blended with small amounts of natural graphite. China controls 8596% of production depending on the product in question.

Source: S&P/Battery Materials Review

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