Graphite prices have crept steadily higher this year following shipping and supply chain hits, with Syrah restarting the Balama operation in February that it mothballed at the onset of the pandemic in 2020 amid flagging prices.The natural graphite market in the short-term will be supported by Chinese supply disruption, Verner says.“The long-term market backdrop is robust with natural graphite demand expected to increase 4x to 2030, underpinned by strong growth in end-markets such as a 5-6x increase in active anode material demand, as well as an increase in EV sales from 6m units p.a. today to >30m units p.a. in 2030.
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