The lubrication effectiveness of the composite lubricants, 50wt% ethylene bis-stearamide (EBS) wax + 50wt% graphite and 50wt% EBS wax + 50wt% BN, during the powder metallurgy (P/M) electrostatic die wall lubrication and warm compaction was studied. The results show that the combination of 50wt% EBS wax and 50wt% graphite has excellent lubrication performance, resulting in fairly high green densities, but the mixture of 50wt% EBS wax and 50wt% BN has less beneficial effect. In addition, corresponding die temperatures should be applied when different die wall lubricants are used to achieve the highest green densities.