GRAPHITE MARKET
China share~78% of world natural graphite · 2024
Refining>90% processed in China
AnodeGraphite >95% of EV anode material
North America<1% of mine supply
China share~78% of world natural graphite · 2024
Refining>90% processed in China
AnodeGraphite >95% of EV anode material
North America<1% of mine supply
Insights

Coverage of the
graphite market.

Sourced analysis of the graphite and critical-minerals supply gap — the policy, the capital, and the projects building supply outside China. Every figure traces to public reporting.

Market
6 Jul 2026
The graphite supply gap
Graphite is the largest ingredient in every lithium-ion battery, and one country makes almost all of it. Where the Western response actually stands in mid-2026 — the failed U.S. trade case, the policy and capital that are moving instead, and what it means for allied projects.
Read the analysis →

More coverage is published here as the market develops. For the fundamentals, start with the primer and glossary.

Graphite explained → Glossary → Western projects →