Below is an excellent visualisation of why the PUREgraphite plant will generate significant amounts of profit for us.
Every single lithium ion battery factory, or as Mr St Baker described it at the Small Caps conference, "megafactory" also known as "gigafactory" for Tesla consumes on average 33,000tpa tonnes of graphite anode material every year.
There are 99 megafactories or aka gigafactories already in the global pipeline, as per Novonix's presentation last yr, taken from Benchmark Minerals research, between now and 2028, with 17 going into production in the next 18 months world wide.
Their market is growing at a very aggressive rate and the PUREgraphite anode material is the highest quality graphite anode material in the world..
Each of them consuming, on average, 33,000tpa of graphite anode material....every year!
As we look at the estimated profits based on volumes below, we see significant growth, in profits and dividends, once the company is happy with its financial position.
There are not many companies on the ASX in this position.
Why are there so many megactories and gigafactories being built by the worlds largest battery makers, Samsung SDI, CATL, Sanyo/Panasonic, LG Chem, BYD, SK Innovation, Northvolt, KORE Power etc etc?
2million new EVs in 2018, rising to over 8.5million vehicles per annum by 2023 and over 23million EVs will be manufactured each year from 2028, this will rise to over 60million per year by 2040.
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