|
GRAPHITE MARKET
WEEKLY UPDATE:
|
| Highlights from 24 - 28 November, 2025 |
|
|
|
|
|
|
|
|
|
WEEKLY SUMMARY
|
In the graphite market this week, Renascor Resources provided an update on its PSG demonstration facility as it moves toward commissioning. International Graphite announced the purchase of land for its Collie plant development. NextSource Materials hosted strategic investors in Abu Dhabi for a site visit of its battery anode facility. Meanwhile, Sarytogan Graphite completed a US$1.8 million placement.
|
| Chinese graphite pricing remained flat this week. |
Turning to the wider market, Volkswagen is preparing to develop future EV models in China as it looks to cut production costs and tap into the world’s most advanced electric-vehicle ecosystem. The move reflects growing pressure on legacy automakers to compete with lower-priced Chinese EVs and signals a deeper reliance on China’s fast, integrated supply chain.
In the UK, the government’s new pay-per-mile tax for electric vehicles has sparked concerns across the auto sector, with industry groups warning the charge risks weakening already fragile consumer demand. Under the plan, EV drivers will pay 3p per mile from 2028, a shift many fear could slow the transition just as uptake needs to accelerate.
|
|
|
KEY UPDATES FROM GRAPHITE COMPANIES
|
TSX: NEXT: NextSource Materials Hosts Strategic Investors in Abu Dhabi for Site Visit of Battery Anode Facility
CSE: EPR: E-Power Resources Appoints New CEO and Expands Advisory Teams; Focus on Aggressive Strategy for Tetepisca Graphite Project
LSE: BRES: Major JORC Resource & Reserve Upgrade at Orom-Cross
ASX: IG6: Land Purchased for Collie Plant Development
AIM: BEM: Update on Financial Position and Funding Strategy
ASX: SGA: $1.8M Placement
ASX: FGR: FGR Secures Exclusive Global Graphene Carbon Paste
TSXV: ZEN: Zentek Announces Appointment of Mohammed Jiwan as Chief Executive Officer
TSXV: NBM: NEO Battery and NBM Korea Enter Definitive Lease Agreement for Operational Battery Electrode Manufacturing Facility
TSXV: NMG: From Fuel Cells to Stealth Materials: NMG Expands Applications for its Graphite Composites
ASX: RNU: PSG Demonstration Facility Update
|
|
|
|
|
TOP 5 GAINERS OF THE WEEK
|
| Battery Mineral Resources: |
|
41% |
| E-Power Resources: |
|
40% |
| Green Critical Minerals: |
|
31% |
| Greenroc Strategic Materials: |
|
28% |
| Volt Resources: |
|
20% |
|
|
TOP 5 DECLINERS OF THE WEEK
|
| EcoGraf: |
|
-12% |
| Evion: |
|
-10% |
| Buxton Resources: |
|
-9% |
| Argyle Resources: |
|
-7% |
| Sarytogan Graphite: |
|
-7% |
|
|
|
|
| US EXIM to invest $100B in critical minerals |
| The Export-Import Bank of the United States is signalling up to US$100B for critical minerals, with deals “orders of magnitude larger” than its recent loans. Even a fraction is directed towards graphite, it could be game changing. |
|
|
|
|
|
|
|
|
|
| Natural Graphite Mine Production (2024)
|
U.S. Geological Survey data shows how concentrated natural graphite supply remains. In 2024, China accounts for nearly 80% of global production, followed by Madagascar, Mozambique and Brazil, with the rest of the world contributing only a small share.
|
|
| UK Critical Minerals Strategy |
|
The UK’s new Critical Minerals Strategy reinforces how important graphite will be over the next decade.
As the largest mineral component in every EV battery, graphite demand is expected to keep growing as the UK expands its clean-energy and advanced-manufacturing sectors. The strategy highlights the need to strengthen domestic production, midstream processing and recycling - areas where graphite can play a meaningful role.
It also sets a goal to diversify supply so no single country provides more than 60% of any critical mineral, supporting the need for alternative graphite supply chains.
Overall, the direction is encouraging and creates a clearer pathway for future graphite projects and anode material development.
|
|
|
|
|
GENERAL EV MARKET NEWS
|
| Volkswagen resorts to 'Made in China' label in effort to slash production costs: 'Hard to believe'
|
Volkswagen is preparing to develop its next wave of EVs in China as it looks to cut production costs and tap into the world’s most advanced electric-vehicle market.
The company’s CTO, Thomas Ulbrich, said VW may develop cars outside Germany for the first time, pointing to China’s scale, supply-chain advantages and faster innovation cycle. The shift comes as legacy automakers face growing pressure from lower-cost Chinese EVs and rising development expenses.
VW believes producing new EV models in China could halve costs, helped by the country’s built-out manufacturing base and strong government support. The company has already demonstrated technical progress this year, with its ID.7 Pro S achieving 585 miles on a single charge during testing.
|
| Read Here |
|
|
| Electric vehicle owners to face pay-per-mile tax
|
The UK government has confirmed a new pay-per-mile tax for electric and hybrid vehicles from April 2028, raising concerns across the EV and charging sectors about its impact on adoption.
Electric car drivers will pay 3p per mile and plug-in hybrid drivers 1.5p, with rates rising annually with inflation. The charge will be based on odometer readings taken during MOTs or scheduled registration checks, and will be integrated into the existing Vehicle Excise Duty system. The Office for Budget Responsibility expects the tax to raise £1.1bn in its first year, but warns the yield is uncertain and likely to reduce EV demand.
Industry bodies including Ford, the SMMT, and the Renewable Energy Association say the move risks undermining momentum just as EV uptake needs to accelerate. Charging providers also warned that drivers without home chargers could be disproportionately affected.
|
| Read Here |
|
|
|
|
|
|
|
