All this strong buying is not a coincidence.....of course, a lot of traders but they would have stopped on day 2 and most defiantly would not have bought those big volumes on yesterday's close, way too risky for them to be buying big on the 3rd day of mega volume...I am convinced some very big players are buying in now and they are not looking just for a quick one bag...I think the time to be considering if this is a bubble, ready to burst might have to come to accept that it is not and it is just the beginning, three graphite anode plants with an annual capacity of
100,000 tpa are being built - right now
- how much Co will they need, how is in a great position to be able to supply large volumes by 2020??
Don't get eaten by the bigger payers, think how much this will be worth by next year - All IMO - Gamble Responsibly
CHINA IS CONSTRUCTING GRAPHITE ANODE MEGAFACTORIES FOR THE LITHIUM ION BATTERY SURGE
19th October 2017
Benchmark Mineral Intelligence
Three lithium ion battery graphite anode megafactories are being constructed in China and one in Japan as Asia prepares for a new wave of demand from electric vehicles.
Benchmark Mineral Intelligence can reveal that three graphite anode plants with an annual capacity of 100,000 tpa are being built by LuiMao Graphite in conjunction with BAIC Automotive Group Co., Ltd, ShanShan Technology and BTR New Energy Materials, with Hitachi Chem building a new facility in Japan.
This will bring the total new capacity from the four anode megafactories to 360,000 tpa by 2020 – a tripling of capacity on today’s levels and enough to produce 300GWh of lithium ion cells or 6m pure EVs the size of Tesla’s Model 3.
It is a step change for the anode industry which averages spherical graphite plants in the region of 5,000-15,000 tpa in size.
Benchmark onsite: a typical spherical graphite processing plant in China with a 5,000 tpa capacity (Credit: Benchmark Mineral Intelligence)
http://benchmarkminerals.com/china-...afactories-for-the-lithium-ion-battery-surge/
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