Graphite · Application-wise

Graphite's Applications: Battery Anodes Are Catching Refractories

Battery anodes now take 28% of graphite demand, closing in on the traditional refractories and steelmaking use that has dominated for generations.

Battery anodes

28% of demand

Intercalation host for lithium ions in every lithium-ion battery, covered in depth on the materials science page, the fastest-growing category.

Refractories & steelmaking

26% of demand

Thermal-shock-tolerant linings and carbon raising agents, covered on the mechanics page, graphite's oldest large-scale industrial use.

Graphite electrodes

16% of demand

Electric arc furnace steelmaking, conducting the enormous currents needed to melt scrap steel.

Foundry & lubricants

12% of demand

Mould coatings and dry lubricants, using the interlayer slip covered on the materials science page.

The breakdown

Battery anodes
28%
Refractories & steelmaking
26%
Graphite electrodes
16%
Foundry & lubricants
12%
Other
18%
Share of global graphite demand by end use, 2024. Battery anodes have overtaken the traditional refractories category within a single decade.

Graphite’s demand profile is undergoing the same kind of inversion lithium went through, covered on lithium’s application-wise page, an industrial material that existed for generations suddenly finding its fastest growth in a battery application that barely registered twenty years ago.

Sources: end-use shares reference this project’s own verified demand data (USGS Mineral Commodity Summaries 2025, Benchmark Mineral Intelligence).