Electric vehicles drive demand for graphite – 2021 in review

Given the structural oversupply that has existed in the graphite market since the market’s last price cycle in 2017/2018, flake graphite prices remained relatively flat during 2021 despite mounting demand from the anode industry, writes Benchmark analyst George Miller.

Another driver behind stable pricing for graphite during 2021 was exceptionally high freight prices. With the majority of flake graphite supply based in China, and the relatively inexpensive nature of flake graphite compared to other critical minerals, shipping makes . . .