C

Graphite

Uses & Applications

Applications and End-Uses for Graphite

Graphite (C) is a high-criticality battery metal with annual global production of approximately 1.6 million tonnes. Graphite is a crystalline form of carbon and the dominant anode material in lithium-ion batteries, representing a larger share of battery mass than lithium itself. China controls the majority of both natural graphite mining and synthetic graphite production. Rapidly growing EV battery demand is driving major investments in graphite supply chains outside China.

Annual Production

1.6 million

tonnes

Price

540-860

$/tonne (flake)

Top Producer Share

77%

China

Criticality

High

Supply Risk: High

Key Applications

The primary end-uses of Graphite span multiple sectors. The following applications represent the most significant sources of global demand:

  • Lithium-ion battery anodes - Graphite is valued in lithium-ion battery anodes for its unique physical and chemical properties that are difficult to replicate with alternative materials.
  • Steel and foundry applications - Key alternatives include No practical substitute for EAF graphite electrodes. Graphite electrodes are essential for electric arc furnace steelmaking; no alternative material withstands the required temperatures and electrical loads
  • Lubricants and refractories - Graphite is valued in lubricants and refractories for its unique physical and chemical properties that are difficult to replicate with alternative materials.
  • Fuel cells - Graphite is valued in fuel cells for its unique physical and chemical properties that are difficult to replicate with alternative materials.
  • Nuclear moderators - Graphite is valued in nuclear moderators for its unique physical and chemical properties that are difficult to replicate with alternative materials.

Product Forms and Specifications

Graphite is commercially available in 5 primary product forms, each serving different industrial requirements:

Product Form Purity / Grade Primary Application
Natural flake graphite concentrate 90-97% C Refractory, foundry, steelmaking
Spherical purified graphite (SPG) 99.95%+ C Li-ion battery anode material (primary market)
Expandable graphite Various Flame retardant intumescent materials, gaskets
Synthetic graphite 99.9%+ EV battery anodes, electrodes, nuclear moderators
Graphite electrodes Various Electric arc furnace steelmaking

Demand Outlook

Graphite appears on both the USGS Critical Minerals List and the EU Critical Raw Materials List, underscoring its strategic importance across Western economies. Growing demand from electrification, digitalization, and defense modernization is expected to place additional pressure on the Graphite supply chain through the end of this decade.

Return to the Graphite hub page or browse the full Mineral Library.