• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Battery Metals Market
    Battery Metals News
    Battery Metals Stocks
    • Battery Metals Market
    • Battery Metals News
    • Battery Metals Stocks
    graphite investing

    5 Top Graphite News Stories of 2019

    Priscila Barrera
    Dec. 16, 2019 01:00PM PST
    Battery Metals
    ASX:SYR

    Which graphite news stories grabbed investors’ attention this year? We run through our five most popular articles in this overview.

    It was another interesting year for graphite, with supply news and optimism about the metal’s use as a preferred anode material for electric vehicle (EV) batteries taking center stage.  

    In 2019, many of our top graphite news stories focused on the metal’s growing role in EVs, and on companies hoping their assets will supply carmakers. Overall, it seems investors remain certain of the metal’s potential and are eager for predictions on where the market may go next.

    Below we’ve assembled our most popular graphite news stories of 2019. Read on to find out which articles received the most attention from readers throughout the year.

    1. Scaling Up Graphite Anode Supply is Critical for the US

    Graphite anode demand could increase by seven times in the next decade, as the surge in EV sales and the emergence of energy storage continue to drive the construction of lithium-ion battery megafactories.

    While lithium, cobalt and nickel are key to cathodes in batteries, graphite is essential for anode production. According to Benchmark Mineral Intelligence, graphite anode demand is set to increase from 194,160 tonnes in 2017 to 1,080,360 tonnes by 2023 and 1,747,800 tonnes by 2028.

    “The US has zero graphite mining or processing capacity geared towards the lithium-ion battery industry,” Benchmark Mineral Intelligence Managing Director Simon Moores told the US Senate at a hearing in February.

    2. Often-overlooked Graphite to Remain Predominant Anode Raw Material

    The anode space is entering a new era of growth, with graphite to remain the dominant raw material in both its natural and synthetic forms, according to Benchmark Mineral Intelligence Head of Price Assessment Andrew Miller.

    Speaking at this year’s Graphite+Anodes event, part of the Benchmark Minerals Week, Miller said that there are 102 lithium-ion megafactories in the pipeline, and demand for graphite anode material could reach 2.4 million tonnes by 2028.

    “The anode supply chain is often overlooked in the lithium-ion battery story, but significant investment will be needed to meet future demand growth,” he added.

    3. Syrah Resources Plummets After Graphite Production Cut News 

    Shares of Australia’s Syrah Resources (ASX:SYR,OTC Pink:SYAAF) tumbled more than 30 percent on September 10 after the graphite miner said it was cutting production due to volatility in the market.

    Syrah Resources, which operates the Balama graphite project in Mozambique, said it would reduce production volumes in the fourth quarter to 5,000 tonnes per month. The company’s Q3 total production and sales volumes were expected to reach 45,000 tonnes.

    The slash in output was a direct response to a sudden and material decrease in Chinese spot graphite prices, a decrease that was impacting price negotiations and contract renewals, Syrah Resources Managing Director and CEO Shaun Verner said at the time.

    4. Walkabout Challenges Bearish Claims About Chinese Graphite Market 

    Walkabout Resources (ASX:WKT) challenged bearish statements about the Chinese graphite space in September, saying a decline in prices in the Asian country had not materialized for all flake sizes.

    As mentioned, earlier that month, graphite producer Syrah Resources cut production at its Balama project in Mozambique as a direct response to what it said was a sudden material decrease in Chinese spot graphite prices.

    According to Walkabout Resources, the comments about the state of the graphite market in China had led to significant speculation and general negative sentiment.

    5. Syrah’s Balama Begins Commercial Graphite Production 

    Syrah Resources officially declared the start of commercial production at its Balama graphite project in Mozambique in January, a project years in the making.

    The previous few months had brought significant progress for Balama, with Syrah finalizing the property’s mining agreement in late September 2018.

    Syrah then went on to sign a sales agreement with Qingdao Taida-Huarun New Energy Technology for 20 kilotonnes of natural graphite in November 2018, followed by an additional sales agreement in December 2018 with Qingdao Langruite Graphite for a minimum offtake of 48,000 tonnes.

    Which graphite news stories caught your attention this year? Let us know in the comments section.

    Don’t forget to follow us @INN_Resource for real-time news updates!

    Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.

    benchmark minerals weekasx:wktaustraliaasx:syrelectric vehiclesandrew millergraphite investing
    The Conversation (0)
    Go Deeper
    AI Powered
    Flake graphite ore at graphite deposit.

    Top 10 Graphite-producing Countries

    Glowing graphite molecules.

    ASX Graphite Stocks: 5 Biggest Companies in 2025

    Latest News

    Incentive Regime for HMW Project in Argentina

    FPX Nickel Provides Update on Normal Course Issuer Bid

    EUR Sells 0.5m CRML Shares for U$1.8m (A$2.7m)

    Trading Halt

    Large High Grade Rubidium Resource Identified at Seymour

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Battery Metals Stocks

    NextSource Materials

     
    NEXT:CA

    Altech Batteries

     
    ATC:AU

    E-Power Resources

     
    EPR:CC

    International Graphite

     
    IG6:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×