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title: Natural Graphite Supply Will Become Problematic for Lithium Batteries
description: Natural Graphite Supply Will Become Problematic for Lithium Batteries
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## [Natural Graphite Supply Will Become Problematic for Lithium Batteries](https://pages.supplyframe.com/ciq/natural_graphite_supply_will_become_problematic_for_lithium_batteries_66731)

 Jun 9, 2023, 10:22:29 AM / by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe)

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The good news for buyers is lithium carbonate spot pricing slumped by 70% between November and April, and Chinese cobalt prices from China declined by 22.5% from January 1 to mid-April. The bad news is natural flake graphite supply, an often-overlooked battery material, is heavily constrained. By 2030, it is estimated to have a supply deficit of over 1 million metric tons.

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