Untitled, SketchingSketchyGuy, Graphite on paper, 2025

In 2025, the graphite industry saw notable activity with Sarytogan Graphite Limited experiencing a change in director ownership and Graphite India making strides in synthetic graphite projects. However, these developments did not significantly impact the broader graphite market, which continued to evolve under various factors including technological advancements and geopolitical tensions.

1. **Sarytogan Graphite Limited's Shareholding Alteration**: On September 1, 2025, Sarytogan Graphite Limited announced that Waldemar Mueller, a director, had sold 1,100,000 ordinary shares through an on-market trade. This transaction represented a minor reduction in Mueller’s shareholding, potentially influencing investor perceptions but unlikely to alter the company’s trajectory significantly.
2. **Graphite India's Synthetic Graphite Project**: Graphite India Limited signed a Memorandum of Understanding with the Government of Maharashtra on August 29, 2025, for a Synthetic Graphite Anode Material (SGAM) project. This investment was subject to finalizing terms and obtaining necessary corporate and regulatory approvals, indicating Graphite India’s commitment to expanding its graphite production capabilities.
3. **Market Performance and Challenges**: Despite these developments, Graphite India faced challenges, with a decline in net profit by 43.46% and a 8.65% drop in net sales in Q1 June 2025 compared to the previous year. This performance highlighted the competitive pressures and market fluctuations the company navigated in 2025.
4. **Geopolitical Factors**: Meanwhile, geopolitical tensions escalated when a European Commission President’s plane was allegedly subjected to GPS jamming over Bulgaria, suspected to be a Russian operation. This incident underscored the need for enhanced defense spending and preparedness among EU member states.

These events underscored the dynamic nature of the graphite industry in 2025, marked by corporate changes, strategic investments, and geopolitical influences. Companies like Sarytogan Graphite Limited and Graphite India Limited were proactive in their business strategies, responding to market demands and challenges.