Business News
Home > Business News
Graphite producers' stocks in focus on reports of short supply
TIWN
TIWN

PHOTO : TIWN
New Delhi, Jan 9 (TIWN) Shares of graphite makers have turned attractive with reports emerging that the commodity is in short supply globally amid the strong demand.
Graphite is a key component needed for the production of lithium batteries. The metal prevents the lithium batteries from breaking down. Besides, electrodes of graphite are used in the production of steel and aluminium. There is a huge global demand for lithium-made batteries from the automobile sector as the world is rapidly shifting towards green mobility to fight climate change.
Add your Comment
Comments (0)
More Business News
- Trump Administration Removes Tariffs on Over 200 Food Items Including Beef
- Indian media and entertainment sector projected to cross $100 billion by 2030
- Maruti Suzuki India recalls 39,506 Grand Vitara units over fuel indicator fault
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report


