Could 2025 finally be the year for graphite?
If it is, it’ll be well overdue! Graphite equities have de-rated very substantially over the past two years but, with trade unrest coming into focus going forward, it could very well be the year for Western graphite developers. Not necessarily based on fundamentals, just an appreciation that this key material could be a major bottleneck for the cell manufacturing industry in the West. December was a pretty tough month for most of the battery raw materials with graphite the key outlier. Cathode producers also struggled and Downstream was, once again, more defensive than raw materials. We expect downstream...
Topics
Brine
Cell makers
Cobalt
EV Makers
Graphite
Hard rock
Lithium
Midstream
Nickel
REE