By Michael Kern – Dec 31, 2025, 2:00 PM CST The market for ultra-high-purity (UHP) graphite, essential for EV anodes and nuclear reactors, is projected to hit $1.43 billion by 2030, masking structural friction in the global energy transition. The vast majority (86% in 2024) of UHP graphite is synthetic, requiring a massive industrial footprint of fossil fuel feedstock and staggering amounts of electricity for high-heat graphitization furnaces. Two massive, well-funded industries—transpor...