You forgot to mention the multi-billion-dollar annual deal between General Motors (GM) and Norway’s Vianode, a synthetic graphite supplier (not natural graphite, yet), and the U.S. government’s $1.2 billion support for Brisbane-based Novonix, which highlights a clear trend—the West is actively moving away from China’s graphite supply dominance. The global graphite market is projected to grow from $15.67 billion in 2024 to $36.40 billion by 2030, driven by EV battery and energy storage demand, while the Biden Administration’s Inflation Reduction Act (IRA) prioritizes tax credits for non-Chinese battery materials, positioning companies like Lincoln as key suppliers. Meanwhile, Lincoln’s 1.2 billion tonne magnetite resource aligns perfectly with South Australia’s green steel push, making it a strong player in the future of sustainable mining. With the industry shifting towards secure, non-Chinese supply chains, our price is set to skyrocket. Let’s see how will our team transform our market cap into B.
LML Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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