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  1. donnythedealer
    208 Posts.
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    01/10/24
    19:35
    Post #: 75931614
    It was interesting reading the Chairman’s letter in the annual report yesterday:

    “We are forecasting an increasing supply / demand gap that is being driven by increased production of electric vehicles and stationary storage systems that will require increasing amounts of graphite for lithium-ion battery anodes.”

    Also some interesting comments below regarding graphite demand for BESS in the September REQ yesterday.

    https://hotcopper.com.au/data/attachments/6501/6501694-55045ce20ba2b3932448672d8070aec4.jpg
    https://hotcopper.com.au/data/attachments/6501/6501695-4539752ff02f6118706da4b8bb51f1dc.jpg
    https://hotcopper.com.au/data/attachments/6501/6501698-5ce60e2e6668fc2e871ee577c18a4bdc.jpg
    https://hotcopper.com.au/data/attachments/6501/6501700-307c0350f0a83f1d6c5e4449d16114db.jpg
    https://www.industry.gov.au/publications/resources-and-energy-quarterly-september-2024
    RNU Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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