A lot is happening...
Most here would be aware that Li had a stellar run, with Graphite just ticking along...simplified reasons:
# 1 - China had enough In Country G but not enough Li deposits
# 2 - Have a good look at the chart below, G is now where Li was b4 their re rate
G's rerate will be at least as significant as Li was, simply due to the following:
# 1 - Uptake of EV's and Stationary Storage and monthly cell production worldwide is significantly higher than what it was when Li price took off.
# 2 - US and EU legislative changes are coming to effect now, demand for both G and Li OUTSIDE of China will be significant...
# 3 - OEM's and Gov will have to open their wallets THIS year if they want to have raw materials for their shiny new factories that are already in construction and will require. substantial amounts of Graphite.
I wonder if they could squeeze in a little EcoGraf/ SungEel Anode Scrap recycling unit into their production facilities...
