1. Each carbon atom in graphite is sp hybridised and covalently bonded to other three sp2 hybridised carbon atoms forming σ bonds and the fourth electron in 2pz orbital of each carbon atom is used in the formation of a π bond. This results in the formation of hexagonal rings in two dimensions.
2. In graphite, the layers consisting of hexagonal carbon network are held together by weak van der Waal’s forces imparting softness.
3. The electrons in π bonds in the ring are delocalised and free to move in the delocalised molecular orbitals giving good electrical conductance.