Seeking Alpha reported an interview with The Critical Metals Report and Chris Berry, who says graphite is positive in the long-term.
Chris Berry said:
Regarding graphite, investor exuberance more than anything pushed shares higher and interest in graphene must also be mentioned. In addition, global growth rates and industrial demand have been falling for months. Graphite is an industrial mineral, so as we’ve seen growth slow, intuitively graphite prices must soften as well. On the positive side, graphite does offer multiple avenues of demand. In addition to current-day demand from refractories and steelmaking, you have future avenues of demand like fuel cells and batteries. I think this paints an overall positive longer-term picture for graphite demand.