Canaccord estimates that if natural graphite can reach that 60 percent market penetration level, we could see an increase in demand for natural graphite of over 660% percent by 2025.
Writing in The Australian newspaper, Robert Gottliebsen has stated “not since the development of oxygen steel furnaces, which revolutionised steel production, have we seen anything like the current global battery boom.”
http://www.*********.com.au/tc.asp?a=AV&ai=46323
Ann: Share Purchase Plan Closed Heavily Oversubscribed, page-18
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