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We endeavour to update this as regularly as possible, but there could be errors or outdated information.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 September, 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 Capital2.38Mahenge Graphite Project TanzaniaFlakeDevelopment stage430M/10%-20.4Mt @ 9.8% TGC-90,000369
Beowulfmining14.03Aitolampi Graphite ProjectFinlandFlakeExploration--26.7Mt @ 4.8% TGCYes0-
Beowulfmining14.03Graphite Anode Materials PlantFinlandCSPGFeasibility242M/8%--Yes60,000-
Black Rock Mining 42.87Mahenge MineTanzaniaHigh Purity FlakeConstruction-ready1.4B/10%70Mt at 8.5% TGC 213Mt @ 7.8% TGC-340,000518
Black Swan Graphene23.33Black Swan MineAustralia GrapheneCollaboration with various entities ----0-
Buxton Resources 8.97The Graphite Bull ProjectAustraliaFlakeExploration--4.0Mt @ 16.2% TGC-0-
Castle Minerals 3.69Kambale Graphite projectGhanaFlakeExploration--22.4Mt @ 8.6% TCG-0-
Ceylon Graphite2.56K1 DevelopmentSri LankaVein Production----0-
Ceylon Graphite2.56M1 DevelopmentSri LankaVein Exploration----0-
Ceylon Graphite2.56H1 DevelopmentSri LankaVein Exploration----0-
Ceylon Graphite2.56P1 DevelopmentSri LankaVein Exploration----0-
Cullinan Metals0.48Lac-Des-Iles West Graphite ProjectCanadaFlakeExploration----0-
E-Power Resources1.79Tetepisca CanadaFlakeExploration-4.7Mt @ 27.8% TCG>100Mt @ 14% TCG-0-
E-Power Resources1.79TurgeonCanadaFlakeExploration----0-
EcoGraf30.17EpankoTanzaniaFlakeDevelopment-ready348M/10% (Pre Tax)14.3Mt @ 8.8% TGC290.8Mt at 7.2% TGC -73,000508
Elcora Advanced Materials1.88Sakura graphite mine Sri LankaVein Production----0-
Emergent Metals1.18Casa BerardiCanadaFlakeExploration----0-
Evion 5.36Maniry ProjectMadagascarFlakeDevelopment stage263M/ 8% (Pre Tax)16.2Mt @ 6.6 TCG40Mt @ 6.5% TCGYes60,000-
Evion 5.36Panthera Graphite TechnologiesIndiaExpandable Production100M (Pre tax)--Yes5,000-
Evion 5.36Battery Anode Material ProjectGermanyCSPGFeasibility----0-
Evolution Energy Minerals 6.05Chilalo ProjectTanzaniaFlakeDevelopment stage338M/8%8Mt @ 10.5% TCG67.3Mt @ 5.4% TCG-52,000773
First Graphene 22.3PureGRAPH® AustraliaGrapheneProduction----1,000-
Focus Graphite4.6Lac KnifeCanadaFlakeFeasibility285.7M/8%9,31Mt @ 14.97% TCG12Mt @ 15.34% TCG-50,000540.48
Focus Graphite4.6Lac TétépiscaCanadaFlakeExploration --59.3Mt @ 10.61%-0-
Global Li-Ion Graphite1.5Amabato Arana mineMadagascarFlakeCare and Maintnance----0-
Graphano Energy1.19Lac Aux Bouleaux GraphiteCanadaFlakeExploration ----0-
Graphano Energy1.19Dudley and Lac Vert-Bouthillier graphiteCanadaFlakeExploration ----0-
Graphano Energy1.19Standard PropertyCanadaFlakeExploration ----0-
Graphite One77.54Graphite CreekUSAFlakeFeasibility1.36B/8%-37.6Mt @ 5.1% TCGYes183,000-
Graphite One77.54Advanced Graphite Materials ManufacturingUSACSPGExploration---Yes25,000-
Gratomic10.32Aukam Graphite ProjectNamibiaVein Exploration----22,000-
Gratomic10.32Buckingham Graphite CanadaFlakeExploration----0-
Gratomic10.32 Jacobina and Igrapiuna GraphiteBrazilFlakeExploration----0-
Gratomic10.32Capim Grosso BrazilFlakeExploration----0-
Green Battery Minerals0.99Berkwood Graphite ProjectCanadaFlakeExploration ----0-
Green Critical Minerals1.97McIntoshAustraliaHigh Purity FlakeFeasibility272M AUD (Pre tax)-30.2Mt @ 4.4% TCG-0-
Greenwing Resources 7.89GraphmadaMadagascarFlakeCare and Maintnance--61.9Mt at 4.5% TCG-0-
HAZER Group 44.02Commercial Demonstration PlantAustraliaHazer Graphite-----0-
Hexagon Energy Materials 8.61McIntoshAustraliaFlakeCare and Maintnance--61.9Mt at 4.5% TCG-0-
Hexagon Energy Materials 8.61Ceylon Graphite ProjectUSAFlakeExploration/Drilling----0-
International Graphite 9.1Springdale Graphite ProjectAustraliaFlakeFeasibility603M (AUD - Combined) -49.3Mt @ 6.5% TCGYes50,000485
International Graphite 9.1Collie Downstream ProcessingAustraliaAAMFeasibility603M (AUD - Combined) --Yes18,000-
iTech7.91Campoona ProjectAustraliaFlakeExploration--8.55Mt @ 9% TCG-0-
Leading Edge Materials16.59Woxna GraphiteSwedenFlakeCare and Maintnance317M/8% (Pre tax)-10.8Mt @7.72% TCGYes16,584-
Leading Edge Materials16.59Woxna Graphite (CSPG)SwedenCSPGFeasibility317M/8% (Pre tax)--Yes7,4350
Lithium Energy 24.81Battery Anode Material AustraliaPSG----Yes0-
Lincoln Minerals3.46Kookaburra GraphiteAustraliaFlakeFeasibility--12.8Mt @7.6% TCGYes60,000-100,000-
Lincoln Minerals3.46BAM ProjectAustraliaPSGFeasibility---Yes--
Lomiko Metals5.34La Loutre ProjectCanadaFlakeFeasibility$185M/8% (CAD)064.7Mt at 4.59% TCG-97,400406
Magnis Energy Technologies 33.82Nachu ProjectTanzaniaFlakeDevelopment-ready1.2B/10%76.3Mt @ 4.8% TCG174Mt @ 5.4% TCG-236,000639
Magnis Energy Technologies 33.82iM3NY Lithium-ion Battery PlantUSABatteriesRefer to MNS Anncouemnets ----0-
Mason Resources7.28Shareholder of Black Swan Graphene Inc0------0-
Metals Australia 12.2Lac Rainy Graphite ProjectCanadaFlakeFeasibility--13.3Mt @ 11.5% TCG-0-
Mineral Commodities 17.18Skaland (Traelen) MineNorwayFlakeProduction52M/7%0.640Mt @ 24.8% TCG1.84Mt @ 23.6% TCGYes15,000396
Mineral Commodities 17.18Munglinup Graphite ProjectAustraliaFlakeFeasibility124M/7%4.24Mt @ 12.8%TCG7.99Mt @ 12.2% TCGYes52,000538
Mineral Commodities 17.18Active Anode Materials Plant (Carbo)NorwayAAMFeasibility821M/7%--Yes51,0001610
NEO Battery Materials8.09Silicon Anode Project South KoreaSilicon Anodes-----0-
NextSource Materials75.7Molo Mine MadagascarSuperFlake® graphite concentrateProduction370M/8%023.62Mt @ 6.32%Yes150,000638.53
NextSource Materials75.7Battery Anode FacilitiesPort Louis - MauritiusCSPGFeasibility---Yes0-
Noble Mineral Exploration4.05BuckinghamCanadaFlakeExploration----0-
Northern Graphite5.31Bissett Creek ProjectCanadaFlakeDevelopment-ready----44,000-
Northern Graphite5.31Okanjande MineNamibiaFlakeCare and Maintnance----31,000-
Northern Graphite5.31Lac des Iles MineCanadaFlakeProduction----15,000-
Nouveau Monde Graphite165.74Matawinie ProjectCanadaFlakeDevelopment----103,000-
Nouveau Monde Graphite165.74Lac Gueret (Uatnan) ProjectCanadaFlakeDevelopment-65.64Mt @ 17.2%--500,000268 (CAD)
Nouveau Monde Graphite165.74Becancour Battery Material PlantCanadaAAMConstruction----43,000-
Novonix 190.55Novonix Anode Material USASyntheticProduction ----20,000-
Novonix /Lithium Energy 0Corella Graphite AustraliaFlakeExploration----0-
Novonix/Lithium Energy 0Burke/Mt Dromedary/CorellaAustraliaFlakeExploration----0-
OAR Resources 4.45Oar Graphite ProjectAustraliaFlakeExploration/Drilling--13.47Mt @ 3.3% TG-0-
Quantum Graphite 127.37Uley Graphite Project AustraliaFlakeFeasibility--7.2Mt @ 10.5% TGC-100,000401
Renascor Resources 155.27Siviour MineAustralia FlakeAdvanced development$1.5B/10% (Combined)61.8Mt @ 7% TCG123.6Mt @ 6.9% TCGYes150,000405
Renascor Resources 155.27Bolivar FacilityAustralia PSGDevelopment stage$1.5B/10% (Combined)--Yes100,0001782
Sarytogan Graphite 8.59Sarytogan Graphite ProjectKazakhstanFlakeFeasibility--229MT @ 28.9%TCG-0-
Sarytogan Graphite 8.59Kenesar Graphite Exploration ProjectKazakhstanFlakeExploration----0-
Sayona Mining 179.65Kimberley Graphite ProjectAustraliaFlakeExploration----0-
South Star Battery Metals23.25Santa Cruz ProjectBrazilFlakeConstruction81.2M/5%-12.3 Mt @ 2.4%Yes50,000396
South Star Battery Metals23.25BamaStar Project (USA)USAFlakeExploration/Drilling---Yes50,000-
South Star Battery Metals23.25AAMUSAAAMFeasibility---Yes30,000-
Sovereign Metals 243.63KASIYA RUTILE-GRAPHITE PROJECTMalawiFlakeFeasibility--23.4Mt @ 1.32%-244,000404
SRG Mining46.67Lola Graphite ProjectRepublic of GuineaFlakeFeasibility218M/8%046.3Mt @ 4.09% TCG-100,000587.6
Syrah Resources 152.84Balama MineMozambiqueFlakeProduction1.1B/10%110Mt @ 16% TCG1036Mt @ 12% TCGYes350,000430
Syrah Resources 152.84Vidalia FacilityUSAAAMEarly stage production208 - 794M 10%--Yes45,0003023
Talga Group 122.33Vittangi ProjectSwedenFlakeDevelopment stage----120,000-
Talga Group 122.33Luleå Anode RefinerySwedenAAMFeasibility----19,500-
Tirupati Graphite10.63VatominaMadagascarFlakeFeasibility----60,000-
Tirupati Graphite10.63SahamamyMadagascarFlakeFeasibility----21,000-
Titan Mining21.59Kilbourne Graphite Project USAFlakeExploration----0-
Triton Minerals 10.53Ancuabe Graphite ProjectMozambiqueFlakeFeasibility298M /10% (Pre tax)24.9Mt @ 6.2%46.1Mt @ 6.6% TCG-70,000634
Triton Minerals 10.53Cobra Plains Graphite ProjectMozambiqueFlakeExploration--103Mt @ 5.2% TCG-0-
Volt Resources 11.17Zavalievsky MineUkraine FlakeProduction--22.9Mt @ 6.8% TGCYes7,300-
Volt Resources 11.17Bunyu MineTanzaniaFlakeFeasibility36.4M/7.5%127Mt at 4.4% TGC461Mt @ 4.9 TCGYes170,000670
Volt Resources 11.17Alabama FacilityUSAAAMFeasibility---Yes7,500-
Walkabout Resources 44.16Lindi Jumbo ProjectTanzaniaFlakeProduction197M/10%5.5Mt @ 17.9% TCG41.8Mt & 10.8% TCG-40,000347
Westwater Resources30.91Coosa ProjectUSAFlakeFeasibility190M/ 8%--Yes99,000-
Westwater Resources30.91BAMA Mine ProjectUSAFlakeExploration---Yes0-
Westwater Resources30.91Kellyton PlantUSAAAMConstruction---Yes12,500N/A