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