You’re right! I just checked the MSDS and there it is: 10-20% graphite.
I can tell you that in some aerospace applications, graphite is a no-no. Reasoning is that it accelerates galvanic corrosion between dissimilar metals. On the other hand, I trust Iraqgunz’ experience and feel that a Loctite C5-A won’t hurt anything on an AR.
C5-A on the barrel nut still protects a darn sight better than nothing on a barrel nut!
If you’re really anal, mix up some graphite free anti-seize yourself. I’m cheap so I use marine bearing grease with moly powder. Works fine. Could always add some powdered silver or copper.
Reference for why graphite is a no-no: http://corrosion.ksc.nasa.gov/pubs/tm584c.txt
To summarize, the following recommended practices should be
observed to keep galvanic corrosion to a minimum.
a. Avoid the use of widely dissimilar metals in direct
contact.
b. When dissimilar metals must come into contact, they
should be separated by using nonconductive barrier
materials, a paint coating, or by plating. ([i]Such as the hard ano' on an upper receiver and the grease on the threads[/i])
c. The anode should be as large as feasible in relation to
the cathode.
d. Coat both the anode and the cathode with the same
material.
e. When possible, install fasteners that have been dipped
in epoxy mastic coatings in accordance with KSC-STD-C-
0001.
f. Seal threaded inserts with epoxy mastic coatings prior
to insertion into castings.
g. Avoid the use of lock or toothed washers over plated or
anodized surfaces. ([i]Case in point: AR hardware tends to use threadlocker rather than Nord Lock or toothed washers.[/i])
h. Use only dry-film lubricants that are graphite free
[MIL-L-46010 (MR) is graphite free].