ECGA (European Advanced Carbon and Graphite Materials Association)’s Post

The ECGA welcomes the opening statements of the European Commission during #RawMaterialsWeek2024 and wishes to stress how important the EU’s raw materials policy is for ensuring economic resilience and strategic autonomy. 📈 #Graphite Supply in Focus According to Wood Mackenzie (Nov 2024), the situation regarding #naturalgraphite supply is slowly improving through diversification. While China’s supply is forecasted to drop by 12% between 2024 and 2028, promising growth is expected from other regions: Mozambique: +440%, Tanzania: +323%, Madagascar: +263%, Norway: +125%. Despite these developments, China remains the dominant supplier in terms of tonnage. Europe’s graphite mines are lagging behind and urgently require fast-track permitting and EU support to alleviate pressures on supply chains. 🔋 #SyntheticGraphite Production Global production of synthetic graphite is also increasing, with China growing by 156% and Europe by 153%. However, Europe is starting from a much smaller production base. 💡 Key Challenges Looking at demand forecasts, it is clear that graphite will remain a critical material for Europe’s energy transition and battery investments. With China continuing to interfere in markets, developing Europe’s own graphite resources is essential to safeguarding its supply chains, energy security, and defence capabilities. The ECGA underscores the need for robust EU measures to support this critical material’s supply chain. Let us join forces towards a resilient and sustainable future for Europe.

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics