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Lower EV demand, COVID restrictions dent graphite recovery

Global graphite production will grow at a compound annual growth rate of 5.6% over the coming three years from 952,600 tonnes in 2020 to 1.2 million tonnes in 2024, according to a forecast from GlobalData.

Lower EV demand, COVID restrictions dent graphite recovery Lower EV demand, COVID restrictions dent graphite recovery Lower EV demand, COVID restrictions dent graphite recovery Lower EV demand, COVID restrictions dent graphite recovery Lower EV demand, COVID restrictions dent graphite recovery

GlobalData forecasts graphite production to grow at CAGR 5.6% through 2024

The industry took a hard knock last year as COVID-19 restrictions impacted output at primary operations, causing total production to drop 15.