Graphite Price History

A long-term annual-average price series for graphite is not yet published on Critical Minerals HQ. To preserve our strict no-fabrication rule we show only the live spot price plus the on-file fundamentals below — extended historical data will be added once a verified source is wired in.

Latest tracked price: $975 per USD/t (as of 2026-05-03).

About Graphite

Graphite is a crystalline form of carbon used in lithium-ion battery anodes, lubricants, and refractory materials. Virtually every lithium-ion EV battery requires graphite for its anode, and China controls over 80% of global graphite processing.

What drives Graphite prices

Graphite is the anode material for every lithium-ion battery. China's dominance of graphite mining and processing creates a critical supply chain vulnerability for the global EV industry. Demand is driven primarily by Lithium-ion EV battery anodes (natural graphite), Refractory materials for steel and aluminum smelting, Lubricants and greases. Supply is concentrated in China, Mozambique, Madagascar, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Graphite prices.

Top end-uses driving Graphite demand

Top Graphite producers

← Back to live graphite price

Frequently Asked Questions

What is the current graphite price?

The latest tracked graphite price is $975 per USD/t. Live spot prices are shown on the Graphite live-price page.

How has the graphite price changed in the last year?

A long-term annual-average series for graphite is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the graphite price changed over the last 5 years?

A long-term annual-average series for graphite is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

How has the graphite price changed over the last 10 years?

A long-term annual-average series for graphite is not yet published on Critical Minerals HQ. We surface only the live spot price and on-file fundamentals to avoid presenting unverified historical changes.

What drives graphite prices?

Graphite is the anode material for every lithium-ion battery. China's dominance of graphite mining and processing creates a critical supply chain vulnerability for the global EV industry. Demand is driven primarily by Lithium-ion EV battery anodes (natural graphite), Refractory materials for steel and aluminum smelting, Lubricants and greases. Supply is concentrated in China, Mozambique, Madagascar, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Graphite prices.