# Graphite and Nickel-rich lithium-ion batteries

Their prices have moved together.

Source page: https://www.materialinsights.org/links/graphite-and-nickel-rich-lithium-ion-batteries/

[Graphite](https://www.materialinsights.org/commodities/graphite/) (commodity) and [Nickel-rich lithium-ion batteries](https://www.materialinsights.org/energy/e_li_nmc/) (energy): 1 relationship.

## How they are linked

### 1. Price link: anode

*Cost and price · Weak · Both ways*

NMC cells use graphite anodes, increasingly blended with silicon. The graphite proxy, which mostly covers furnace electrodes, shows no link to the battery proxy, with monthly moves at 0.03 and yearly moves at 0.19.

- **0.03** monthly change correlation
- **0.19** 12-month change correlation
- **0.72** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.