How Elon Musk's Tesla Is Securing Graphite, 7 Top Graphite Stocks To Watch

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The precious toner and Tesla's trip to Mozambique

As the shift to electric vehicles accelerates, it is becoming increasingly apparent that we need materials to make batteries that will replace with time every single internal combustion vehicle on earth.

In the case of cobalt, which is also used in batteries, the problem is that it comes from a very large percentage of the Democratic Republic of the Congo, and in fact from areas torn apart by war and most mines are controlled by local warlords.

Lithium, which is the main component of electric vehicle batteries, is known to be concerned about its adequacy and the difficulty of large mining companies to start mining in areas with rich subsoil.

Graphite is essential for batteries, since, A key component of lithium-ion batteries is graphite, the primary material used for one of two electrodes known as the anode. ... While various materials can be used for the cathode, graphite is the go-to material for most anodes, thanks to its abundance, low cost, and long cycle life.

As the same experts inform us, it is not at all easy to find material that will replace graphite anytime soon. Graphite is a form of crystalline mineral carbon found in metamorphic and igneous rocks.

It has some interesting properties, as it is very soft, very easy to cut, shows great resistance to heat and does not interact easily with other metals. It has the same chemical composition as the other mineral form of carbon, diamond, but completely different properties from it.

Leaving our geological / chemical parenthesis, what we are interested in is that at this time, the demand for graphite is increasing due to the large increase in the production of batteries for electric vehicles. According to Benchmark Minerals Intelligence, a London-based research firm specializing in studies of all the materials used to make lithium-ion batteries, demand for graphite will increase by 30% per year from 2022 to 2030.

Graphite is not difficult to find underground, deposits exist in many countries of the world, but to be found inside a battery it must undergo some special treatment. Coincidentally, the only country where there are major industrial graphite processing plants is China, from which almost all battery industries are supplied.

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🔥 Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence.
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