Is graphite about to 'do a lithium'?

摘要

Graphite is the dominant ingredient in lithium-ion batteries, which contain up to 10 times more graphite than lithium, depending on battery chemistry. According to Benchmark Mineral Intelligence (BMI), the price of flake graphite rose by 25 in 2022. While that's a strong performance, it's nothing like the 2000 increase in lithium prices over 2021 and 2022.