Media Reports, page-952

I just hope Kerry is a good swing trader because his analysis of the graphite market leaves a lot to be desired.

Have a look at this.

Kerry said - "Industrial-related industries such as lubricants, shielding and fire retardants account for approximately 70% of global graphite demand in 2022, according to Macquarie. However, demand from the EV market is growing rapidly and forecast to take up more than 60% of graphite demand by the end of 2030."

We already know battery demand was actually 55% in 2022. How can Industrials be 70%. BKT chart is forecasting 63% next year not 60% by 2030



And I damn sure TLG is hoping to produce a lot more than 19.5ktpa of AAM over the next 24 yrs starting in 2025. 19.5ktpa is their 2030 phase 1 target which they hope to reach a year or two earlier. They want to rapidly expand further from there in the early 2030's. TLG haven't outlined how much yet. A lot will depend on how much they can mine but they hope at least 104ktpa concentrate. A 104kt will produce ~50kt-60kt of AAM