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Graphite, a battery ingredient Canada is racing to make at home

Even if Canada mines lithium and builds battery plants, electrical vehicles still need a lot of graphite for the anode, and most battery-grade processing is concentrated in China which refines 90 per cent of the world’s supply.

Mar 10, 2026 &03001010202631; 14:00 UTC www.bnnbloomberg.ca Trending 2/5

Read original on www.bnnbloomberg.ca ↗

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Negative for markets

Sentiment score: -65/100

High impact Medium-term (weeks)

WHAT THIS MEANS

Canada faces a critical supply chain vulnerability in battery production as China controls 90% of global graphite refining capacity. Despite domestic lithium mining and battery plant development, Canada must establish local graphite processing to secure EV supply chains and reduce dependency on Chinese refinement.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↓

IT→.MI

IT→.MIStock

Expected to decline

Italian battery and automotive suppliers face supply chain risks from graphite shortage

↓

Euro Stoxx 50

^STOXX50EIndex

Expected to decline

European automotive and battery manufacturers exposed to graphite supply concentration risk

↑

Gold Futures

GC=FCommodity

Expected to rise

Graphite prices likely to rise due to supply constraints and increased demand for EV batteries

⇅

Oil (WTI Crude)

CL=FCommodity

High volatility expected

Energy sector volatility as EV transition accelerates demand for critical minerals

PRICE HISTORY

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⚡ SUGGESTED ACTION

Short European automotive stocks exposed to graphite supply risks; consider long positions in Canadian graphite mining and processing companies developing domestic refining capacity. Monitor policy initiatives supporting critical mineral independence.

KEY SIGNALS

China monopoly on graphite refining (90% global supply)Critical supply chain vulnerability for EV productionOpportunity for Canadian graphite processing infrastructure investmentGeopolitical risk in battery supply chains

SECTORS INVOLVED

AutomotiveBattery ManufacturingMining & MineralsEnergy TransitionSupply Chain

Analysis generated on Mar 11, 2026 at 02:07 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Graphite, a battery ingredient Canada is racing to make at home

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