If the chinese are relying on using the Syrah graphite in aluminium anodes the stock will not be valued at $600m for long.
Ask anyone in the aluminium industry and they will tell you the same. The impurities in Syrah graphite would be a disaster for the production process.
However Syrah have low costs, a vanadium by product, and the graphite can fill the hole created by the chinese graphite producers being closed down.
Tremonti17
graphite anodes? , page-7
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Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $331.1M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 31.5¢ | $287.4K | 898.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 472417 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 95318 | 17 |
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| Last trade - 12.27pm 17/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |