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10:34
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Originally posted by BigAds44:
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Just trying to fully understand the Graphite and RNU play. Im understanding that mined natural graphite has a loosely fixed price per ton and there is also a processed graphite price which would be a higher price per ton. Am I correct in my understanding that no natural graphite is processed anywhere in the world other than in China and no processing plant in China is environmentally friendly. At this stage does this mean that all mined graphite worldwide is shipped to China for processing. I have heard that other graphite mining companies, SYR being one of them have processing plants in the pipeline for development in the USA. RNU will also have its own graphite processing plant in South Australia and processing would be using greener technology than that used in China. Would it also follow on that there would be a possibility that other graphite companies in Australia could be using the RNU plant before shipping the final product to Korea / Japan etc ie completely eliminating reliance on China for processing Australian mined graphite OR are there actually other companies in Australia looking to develope other graphite processing plants. I’m sure I have over simplified but very appreciative for any informed posters here to put me right on my understanding.
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Ecograf (ASX:EGR) are looking at building a plant at Kwinana in WA and recently received the same type of grant from the Feds that RNU received. They are hoping to resource the natural graphite from their Epanko prospect in Tanzania.
