Compare

Each company is different due to its own distinctive nature, ranging from only producing flake graphite to being vertically integrated. Recognising the unique nature of each graphite company, direct comparisons aren’t always accurate. Nevertheless, utilise this feature to facilitate comparisons between companies.

We endeavour to update this as regularly as possible, but there could be errors or outdated information. Please refer to our disclaimer. 
Product Feature Comparison

Note: Information as of 14 December 2024. All figures in USD unless otherwise stated.

Compare Company Market Cap (M) ▲▼ Market Cap (M) is the total market value of a company's outstanding shares, calculated by multiplying the company's stock price by the total number of outstanding shares. Project Location Type of Graphite Type of Graphite refers to the classification of graphite based on its characteristics such as purity, flake size, and crystalline form. *PSG - Purified Spherical Graphite *AAM - Active Anode Material Status of Project Status of Project indicates the current stage of development or production of the graphite mining project. NPV Net Present Value (NPV) is the value of all future cash flows (positive and negative) over the entire life of an investment discounted to the present. Deposit Size (Ore Reserve) Deposit Size (Ore Reserve) refers to the estimated amount of economically recoverable graphite ore in a mining deposit. MRE (Mineral Resource Estimate) MRE (Mineral Resource Estimate) refers to the total estimated amount of a mineral resource, which includes both measured and indicated resources. Vertically Integrated Vertically Integrated indicates whether the company is involved in multiple stages of the graphite supply chain, from mining to processing to end-use applications. Capacity (TPA) ▲▼ Capacity (TPA) refers to the production capacity of a graphite mining or processing facility, measured in metric tons per annum (TPA). Cost (Per Tonne) Cost (Per Tonne) indicates the average cost incurred by the company to produce one metric ton of product outlined by the type of graphite produced.
Armadale Capital0.71Mahenge Graphite Project TanzaniaFlakeDevelopment stage430M/10%-20.4Mt @ 9.8% TGC-90,000369
Battery Mineral Resources6.36GuemamSouth KoreaFlakeExploration------
Battery Mineral Resources6.36TaehwaSouth KoreaFlakeExploration------
Beowulfmining7.61Aitolampi Graphite ProjectFinlandFlakeExploration--26.7Mt @ 4.8% TGCYes0-
Beowulfmining7.61Graphite Anode Materials PlantFinlandCSPGFeasibility242M/8%--Yes60,000-
Black Rock Mining 26.29Mahenge MineTanzaniaHigh Purity FlakeConstruction-ready1.4B/10%70Mt at 8.5% TGC 213Mt @ 7.8% TGC-340,000518
Black Swan Graphene19.08Black Swan MineAustralia GrapheneCollaboration with various entities ----0-
Blencowe Resources 14.21Orom-Cross Graphite ProjectUgandaFlakeFeasibility482M/ 8% -24.5Mt @ 6% TCG-101,000499
Buxton Resources 5.66The Graphite Bull ProjectAustraliaFlakeExploration--4.0Mt @ 16.2% TGC-0-
Canada Carbon 2.27Miller MineCanadaFlakeCare and Maintnance------
Canada Carbon 2.27Asbury MineCanadaFlakeCare and Maintnance--4.14Mt @ 3.05% TCG---
Castle Minerals 2.13Kambale Graphite projectGhanaFlakeExploration--22.4Mt @ 8.6% TCG-0-
Ceylon Graphite2.45K1 DevelopmentSri LankaVein Production----0-
Ceylon Graphite2.45M1 DevelopmentSri LankaVein Exploration----0-
Ceylon Graphite2.45H1 DevelopmentSri LankaVein Exploration----0-
Ceylon Graphite2.45P1 DevelopmentSri LankaVein Exploration----0-
Cullinan Metals0.46Lac-Des-Iles West Graphite ProjectCanadaFlakeExploration----0-
E-Power Resources2.15Tetepisca CanadaFlakeExploration-4.7Mt @ 27.8% TCG>100Mt @ 14% TCG-0-
E-Power Resources2.15TurgeonCanadaFlakeExploration----0-
EcoGraf26.59EpankoTanzaniaFlakeDevelopment-ready348M/10% (Pre Tax)14.3Mt @ 8.8% TGC290.8Mt at 7.2% TGC -73,000508
EcoGraf26.59Mechanical Shaping Facility TanzaniaPSGFeasibility---Yes--
EcoGraf26.59Purification Facility AustraliaCSPGFeasibility---Yes--
Elcora Advanced Materials1.8Sakura graphite mine Sri LankaVein Production----0-
Emergent Metals3.46Casa BerardiCanadaFlakeExploration----0-
Evion 5.74Maniry ProjectMadagascarFlakeDevelopment stage263M/ 8% (Pre Tax)16.2Mt @ 6.6 TCG40Mt @ 6.5% TCGYes60,000-
Evion 5.74Panthera Graphite TechnologiesIndiaExpandable Production100M (Pre tax)--Yes5,000-
Evion 5.74Battery Anode Material ProjectGermanyCSPGFeasibility----0-
Evolution Energy Minerals 5.51Chilalo ProjectTanzaniaFlakeDevelopment stage338M/8%8Mt @ 10.5% TCG67.3Mt @ 5.4% TCG-52,000773
Evolution Energy Minerals 5.51AAM ProjectTBDCSPGFeasibility---Yes--
Falcon Energy Materials56.97Lola Graphite ProjectRepublic of GuineaFlakeFeasibility218M/8%046.3Mt @ 4.09% TCG-100,000587.6
Falcon Energy Materials56.97AAM ProjectMoroccoCSPGFeasibility---Yes25,000-
First Graphene 11.51PureGRAPH® AustraliaGrapheneProduction----1,000-
Focus Graphite4.09Lac KnifeCanadaFlakeFeasibility285.7M/8%9,31Mt @ 14.97% TCG12Mt @ 15.34% TCG-50,000540.48
Focus Graphite4.09Lac TétépiscaCanadaFlakeExploration --59.3Mt @ 10.61%-0-
Global Li-Ion Graphite0.95Amabato Arana mineMadagascarFlakeCare and Maintnance----0-
Graphano Energy0.85Lac Aux Bouleaux GraphiteCanadaFlakeExploration ----0-
Graphano Energy0.85Dudley and Lac Vert-Bouthillier graphiteCanadaFlakeExploration ----0-
Graphano Energy0.85Standard PropertyCanadaFlakeExploration ----0-
Graphite One72.26Graphite CreekUSAFlakeFeasibility1.36B/8%-37.6Mt @ 5.1% TCGYes183,000-
Graphite One72.26Advanced Graphite Materials ManufacturingUSACSPGExploration---Yes25,000-
Gratomic6.33Aukam Graphite ProjectNamibiaVein Exploration----22,000-
Gratomic6.33Buckingham Graphite CanadaFlakeExploration----0-
Gratomic6.33 Jacobina and Igrapiuna GraphiteBrazilFlakeExploration----0-
Gratomic6.33Capim Grosso BrazilFlakeExploration----0-
Green Battery Minerals0.99Berkwood Graphite ProjectCanadaFlakeExploration ----0-
Green Critical Minerals7.28McIntoshAustraliaHigh Purity FlakeFeasibility272M AUD (Pre tax)-30.2Mt @ 4.4% TCG-0-
Greenroc Strategic Materials 4.37Amitsoq Graphite ProjectGreenlandFlakeFeasibility621M/ 8% (Combined)-23.05Mt @ 20.41% TCGYes80,000-
Greenroc Strategic Materials 4.37Amitsoq AAM ProjectNorwayCSPGFeasibility621M/ 8% (Combined)--Yes39,7001872
Greenwing Resources 5.97GraphmadaMadagascarFlakeCare and Maintnance--61.9Mt at 4.5% TCG-0-
HAZER Group 55.68Commercial Demonstration PlantAustraliaHazer Graphite-----0-
NH3 Clean Energy6.85McIntoshAustraliaFlakeCare and Maintnance--61.9Mt at 4.5% TCG-0-
NH3 Clean Energy6.85Ceylon Graphite ProjectUSAFlakeExploration/Drilling----0-
International Graphite 6.03Springdale Graphite ProjectAustraliaFlakeFeasibility603M (AUD - Combined) -49.3Mt @ 6.5% TCGYes50,000485
International Graphite 6.03Collie Downstream ProcessingAustraliaAAMFeasibility603M (AUD - Combined) --Yes18,000-
iTech5.65Campoona ProjectAustraliaFlakeExploration--8.55Mt @ 9% TCG-0-
Kingsland Minerals6.93Leliyn Graphite ProjectAustraliaFlakeFeasibility--194.6Mt @ 7.3% TCG---
Leading Edge Materials15.49Woxna GraphiteSwedenFlakeCare and Maintnance317M/8% (Pre tax)-10.8Mt @7.72% TCGYes16,584-
Leading Edge Materials15.49Woxna Graphite (CSPG)SwedenCSPGFeasibility317M/8% (Pre tax)--Yes7,4350
Lincoln Minerals7.85Kookaburra GraphiteAustraliaFlakeFeasibility--12.8Mt @7.6% TCGYes60,000-100,000-
Lincoln Minerals7.85BAM ProjectAustraliaPSGFeasibility---Yes--
Lithium Energy 26.37Battery Anode Material AustraliaPSG----Yes0-
Lomiko Metals4.54La Loutre ProjectCanadaFlakeFeasibility$185M/8% (CAD)064.7Mt at 4.59% TCG-97,400406
Magnis Energy Technologies 32.06Nachu ProjectTanzaniaFlakeDevelopment-ready1.2B/10%76.3Mt @ 4.8% TCG174Mt @ 5.4% TCG-236,000639
Magnis Energy Technologies 32.06iM3NY Lithium-ion Battery PlantUSABatteriesRefer to MNS Anncouemnets ----0-
Marula Mining10.14Bagamoyo Graphite MineTanzaniaFlakeExploration------
Marula Mining10.14Nyorinyori and Nyorigreen Graphite MineTanzaniaFlakeExploration------
Mason Resources5.96Shareholder of Black Swan Graphene Inc0------0-
Metals Australia 10.18Lac Rainy Graphite ProjectCanadaFlakeFeasibility--13.3Mt @ 11.5% TCG-0-
Metals Australia 10.18BAM ProjectCanada/USA PSGFeasibility---Yes--
Mineral Commodities 16.29Skaland (Traelen) MineNorwayFlakeProduction52M/7%0.640Mt @ 24.8% TCG1.84Mt @ 23.6% TCGYes15,000396
Mineral Commodities 16.29Munglinup Graphite ProjectAustraliaFlakeFeasibility124M/7%4.24Mt @ 12.8%TCG7.99Mt @ 12.2% TCGYes52,000538
Mineral Commodities 16.29Active Anode Materials Plant (Carbo)NorwayAAMFeasibility821M/7%--Yes51,0001610
NEO Battery Materials56.31Silicon Anode Project South KoreaSilicon Anodes-----0-
NextSource Materials85.75Molo Mine MadagascarSuperFlake® graphite concentrateProduction370M/8%023.62Mt @ 6.32%Yes150,000638.53
NextSource Materials85.75Battery Anode FacilitiesPort Louis - MauritiusCSPGFeasibility---Yes0-
NGX Limited 9.23MalingundeMalawiFlakeFeasibility119M/10%9.5Mt @ 9.5% TGC65Mt @ 7.2% TGC-52,000396
NGX Limited 9.23NanzekaMalawiFlakeExploration--0---
NGX Limited 9.23DuwiMalawiFlakeFeasibility--85.9Mt @ 7.1% TGC---
NGX Limited 9.23LifidziMalawiFlakeExploration------
NGX Limited 9.23MsinjaMalawiFlakeExploration------
NGX Limited 9.23AAM ProjectMalawiCSPGFeasibility---Yes--
Noble Mineral Exploration3.38BuckinghamCanadaFlakeExploration----0-
Northern Graphite11.05Bissett Creek ProjectCanadaFlakeDevelopment-ready----44,000-
Northern Graphite11.05Okanjande MineNamibiaFlakeCare and Maintnance----31,000-
Northern Graphite11.05Lac des Iles MineCanadaFlakeProduction----15,000-
Northern Graphite11.05Battery Anode Material from Baie-ComeauCanadaCSPGFeasibility---Yes200,000-
Nouveau Monde Graphite149.5Matawinie ProjectCanadaFlakeDevelopment----103,000-
Nouveau Monde Graphite149.5Lac Gueret (Uatnan) ProjectCanadaFlakeDevelopment-65.64Mt @ 17.2%--500,000268 (CAD)
Nouveau Monde Graphite149.5Becancour Battery Material PlantCanadaAAMConstruction----43,000-
Novonix 218.64Novonix Anode Material USASyntheticProduction ----20,000-
Novonix /Lithium Energy 0Corella Graphite AustraliaFlakeExploration----0-
Novonix/Lithium Energy 0Burke/Mt Dromedary/CorellaAustraliaFlakeExploration----0-
OAR Resources 3.9Oar Graphite ProjectAustraliaFlakeExploration/Drilling--13.47Mt @ 3.3% TG-0-
Quantum Graphite 108.66Uley Graphite Project AustraliaFlakeFeasibility--7.2Mt @ 10.5% TGC-100,000401
Renascor Resources 93.81Siviour MineAustralia FlakeAdvanced development$1.5B/10% (Combined)61.8Mt @ 7% TCG123.6Mt @ 6.9% TCGYes150,000405
Renascor Resources 93.81Bolivar FacilityAustralia PSGDevelopment stage$1.5B/10% (Combined)--Yes100,0001782
Sarytogan Graphite 6.98Sarytogan Graphite ProjectKazakhstanMultipleFeasibility$518M/8% (Combined & Pre Tax)8.6Mt @ 30% TCG229MT @ 28.9%TCGYes0-
Sarytogan Graphite 6.98Kenesar Graphite Exploration ProjectKazakhstanFlakeExploration----0-
Sayona Mining 220.35Kimberley Graphite ProjectAustraliaFlakeExploration----0-
South Star Battery Metals19.6Santa Cruz ProjectBrazilFlakeEarly stage production81.2M/5%-12.3 Mt @ 2.4%Yes50,000396
South Star Battery Metals19.6BamaStar Project (USA)USAFlakeExploration/Drilling---Yes100,000-
South Star Battery Metals19.6AAMUSAAAMFeasibility1.6B/8%--Yes61,8002625
Sovereign Metals 297.73KASIYA RUTILE-GRAPHITE PROJECTMalawiFlakeFeasibility--23.4Mt @ 1.32%-244,000404
Syrah Resources 118.53Balama MineMozambiqueFlakeProduction1.1B/10%110Mt @ 16% TCG1036Mt @ 12% TCGYes350,000430
Syrah Resources 118.53Vidalia FacilityUSAAAMEarly stage production208 - 794M 10%--Yes45,0003023
Talga Group 121.54Vittangi ProjectSwedenFlakeDevelopment stage----120,000-
Talga Group 121.54Luleå Anode RefinerySwedenAAMFeasibility----19,500-
Tirupati Graphite10.23VatominaMadagascarFlakeProduction--18.4Mt @ 4.6% TCG-36,000-
Tirupati Graphite10.23SahamamyMadagascarFlakeProduction--7.1Mt @ 4.2% TCG-18,000-
Tirupati Graphite10.23MontepuezMozambiqueFlakeDevelopment-ready--76.9Mt @ 7.3% TCG & 42.6Mt @ 9.5% TCG-250,000-
Tirupati Graphite10.23Balama CentralMozambiqueFlakeDevelopment-ready--21.9Mt @ 10.2% TCG & 11Mt @ 10.2% TCG-100,000-
Titan Mining26.83Kilbourne Graphite Project USAFlakeExploration----0-
Triton Minerals 7.98Ancuabe Graphite ProjectMozambiqueFlakeFeasibility298M /10% (Pre tax)24.9Mt @ 6.2%46.1Mt @ 6.6% TCG-70,000634
Triton Minerals 7.98Cobra Plains Graphite ProjectMozambiqueFlakeExploration--103Mt @ 5.2% TCG-0-
Volt Carbon Technologies 6.15Manitouwadge CanadaFlakeExploration ------
Volt Carbon Technologies 6.15Lochaber CanadaFlakeExploration ------
Volt Resources 7.94Zavalievsky MineUkraine FlakeProduction--22.9Mt @ 6.8% TGCYes7,300-
Volt Resources 7.94Bunyu MineTanzaniaFlakeFeasibility36.4M/7.5%127Mt at 4.4% TGC461Mt @ 4.9 TCGYes170,000670
Volt Resources 7.94Alabama FacilityUSAAAMFeasibility---Yes7,500-
Walkabout Resources 40.58Lindi Jumbo ProjectTanzaniaFlakeProduction197M/10%5.5Mt @ 17.9% TCG41.8Mt & 10.8% TCG-40,000347
Westwater Resources34.69Coosa ProjectUSAFlakeFeasibility190M/ 8%--Yes99,000-
Westwater Resources34.69BAMA Mine ProjectUSAFlakeExploration---Yes0-
Westwater Resources34.69Kellyton PlantUSAAAMConstruction---Yes12,500N/A