Syrah Resources eyes bright future for natural graphite amid surging anode demand

By Sybil Pan
Published: Monday, 25 January 2021

Australia-based graphite miner Syrah Resources expects the market for natural graphite in lithium-ion applications to get a boost from battery demand in downstream industries - mainly the new energy vehicles (NEVs) industry - over the next decade.

In a recent company report, Syrah highlighted the staggering growth in electric vehicle (EV) and lithium-ion battery output in the next decade.

Lithium-ion batteries used in EVs use graphite anodes, which leads Syrah to believe lithium-ion batteries are the primary growth driver for natural graphite, as they are for lithium, cobalt...

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