No, graphite will erode some. It is the best I’ve found. Not supposed to use stainless steel, makes hexavalent something or other that is a bad carcinogenic.
I’ve used a power supply, old school battery charger and a electronic charger with a battery to trick it into charging. They all worked. Best to have a lot of anodes as the current goes pretty much line of sight.
I salvaged an engine block from my granddad’s F-12 that had sat for 50 years. It was so bad we couldn’t get it apart. Took weeks to get the cam loose and after we got it apart, another couple of weeks to get it clean enough to use but it worked.