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    At least 125 million electric vehicles are expected to be traveling global highways by 2030, which means the world is going to need a lot more graphite in the coming decade and beyond.
    This is because graphite serves as the anode in the lithium-ion batteries that power these EVs, not to mention the growing number of portable tools and electronics that use the same type of battery.
    According to Mineral Commodity Summaries 2019, an annual report published by the United States Geological Survey, there are currently no graphite mines in the United States, a dearth that required domestic manufacturers to import mined graphite for roughly 40,000 metric tons of the carboniferous material used in the U.S. during 2018.
 
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