Battery grade graphite shortage on horizon as demand rockets

Anode demand in China is surging as Beijing turns to lithium ion powered electric buses and cars to solve its air quality problem, a situation now at critical Demand for graphite (carbon) used as anode material in lithium ion batteries is set to increase by over 200% in the next four years as global cell production surges on the back of maturing pure electric vehicle (EV) demand and the inception of the energy storage in the utility sector.