Just for those who haven't read this yet
Graphite Market Weekly Update reports
It's been a busy week on the development side of the graphite market with several important announcements. South Star announced the start of commercial production ramp-up at its Phase 1 Santa Cruz graphite mine in Brazil and its vertical integration plans. Additionally, NextSource raises C$14.7 million to advance the company's strategy of phasing out battery anode plants, while Blencowe received Global Minerals Security Partnership accreditation.
Data from Fastmarkets reports a premium for graphite flakes, 94%, -100 mesh, cif, US ports of $700 to $850 per ton as of October 3. This is a new price review from Fastmarkets.
In other developments, Elon Musk outlined Tesla's vision for affordable robot taxis and introduced the Cybercab, a self-driving vehicle that aims to revolutionize mass transit. Meanwhile, POSCO Future M expressed concern over the delay in the US ban on Chinese graphite, which has impacted its efforts to supply the US market. Ongoing discussions with U.S. officials underscore the need for consistent policies that support diversification of the critical minerals supply chain.
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