Clearly it is feasible to agree on a price mechanism for future supply.
The sentiment expressed by
@Goldilocs recent post from DC is that,
'… the IRA and the Chinese graphite export restrictions have certainly increased the urgency of lithium-ion battery supply chainparticipants to secure graphite, and this has resulted in increased engagement from these parties with us, as we look to firm up our offtake and finance.'Therefore, BOA must be close. If that isn't exciting enough, just take leading anode player SYR's recent announcement that it is presently involved in
seven other ex-China natural graphite anode projects for the long-term supply of natural graphite from Balama. This is in addition to the offtake contract it has signed with
POSCO Future M.
See article.
Will any of them be able to carry out agreements successfully? Unlikely. So, who will be their fall backup plan, then? RNU is shovel-ready, and as it looks to firm up offtakes with its existing agreements, many of the other
seven anode players are probably also in discussions with DC.
FOMO is with the anode players.
AIMO, DYOR, GLTA(patient)H
