- December 8, 2022
- Ioanna Stavropoulou
UP Catalyst disrupts the heavily China-reliant supply chain of graphite with the aim to help European battery manufacturers
The surge in graphite demand has put pressure on Europe, which imports almost 98% of the graphite it uses. The valuable mineral for electric vehicle (EV) batteries is now considered a critical raw material. Graphite production comes with a huge environmental and supply chain risk which is being challenged by an Estonian company UP Catalyst. The novel technology developed by young scientists comes to fill in the gap by recycling CO2 at an industrial site in order to turn it into sustainable graphite. So far, CO2 is viewed only as a greenhouse gas that causes climate change. UP Catalyst…