The global graphite market is driven mainly by the high demand for lithium-ion batteries worldwide to facilitate the adoption of electric vehicles.The scale of projected growth of E Vehicles over the next decade is staggering and this will drive the battery mineral prices. There will also be pressure to reduce EV selling Price against the increasing EV penetration and the key will be to reduce the battery costs. By volume, graphite is one of the most important elements in any EV battery, with each EV containing between 40 and 60 kilograms of material. Despite discussions on battery chemistry changes, graphite will remain a dominant element in EV batteries for at least the next decade. Both synthetic graphite and natural graphite, in the form of the intermediate product spherical graphite, are used in the anodes of lithium-ion batteries. Substantial Natural Graphite extraction and conversion is required for the EV Battery market. Forecast for Natural Graphite demand is Bullish and with huge supply shortage expected over next 20 years.<\/p>\n","protected":false},"excerpt":{"rendered":"
The global graphite market is driven mainly by the high demand for lithium-ion batteries worldwide to facilitate the adoption of electric vehicles.The scale of projected growth of E Vehicles over the next decade is staggering and this will drive the battery mineral prices. There will also be pressure to reduce EV selling Price against the […]<\/p>\n","protected":false},"author":1,"featured_media":183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[24,22,21,23],"class_list":["post-182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-batteryminerals","tag-ev","tag-graphite","tag-lithiumionbattery","entry"],"yoast_head":"\n