Graphite will be in deficit from 2022 – here’s what EV battery makers need to do to secure the critical mineral
December 21, 2021
As the electric car revolution ramps up, so does the need for critical minerals used in batteries, such as graphite. According to Benchmark Mineral Intelligence, there will be a global graphite deficit starting in 2022, and demand from the battery sector is expected to rise 30% annually until 2030. The US has no manufacturing plants that can supply automotive-grade graphite at scale. Meanwhile…