Graphite Projects Emerge as Newest Star on U.S. Minerals Stage

September 11, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (Spring, Texas) is wading into the growing market for synthetic graphite, a crucial element in the development of lithium-ion batteries. Its recently announced agreement to acquire the technology and U.S.-based assets of Superior Graphite Company (Chicago, Illinois) reflects growing interest among U.S.-based companies in the resource. Industrial Info is tracking more than $9 billion worth of active and proposed projects involving graphite development, both natural and synthetic, across the U.S. In announcing its acquisition of Superior Graphite, ExxonMobil said the move is part of a broader strategy "to build a robust, synthetic graphite supply chain, right here in the U.S." Other companies featured: Birla Carbon USA Incorporated, Aditya Birla Group, Anovion Technologies and Westwater Resources Incorporated