Would like a bit more info from ECT on the type of Activated Carbon they are going to produce. Looking at the recent presentation it looks like its going to the battery market.
United states news
May 22nd, 2023 | Written by IndexBox
Activated Carbon Price in United States Hits New Record of $6,401 per Ton
U.S. Activated Carbon Export Price in March 2023
In March 2023, the activated carbon price amounted to $6,401 per ton (FOB, US), increasing by 6.7% against the previous month. Over the period from March 2022 to March 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices hit record highs in March 2023.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($14,662 per ton), while the average price for exports to Belgium ($3,683 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
https://www.globaltrademag.com/acti...nited-states-hits-new-record-of-6401-per-ton/
First scaled production of Activated Carbon is set at 4,700 TPA so if the the price as above was in AUD that would be $10,000AUD per tonne. x 4700 = $47m
Even if it was $1000 AUD thats $4.7m plus all the other products we get from production.....
This maybe of be right up ECTs funding strategy .. Todd Malan - Ex Rio
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Would like a bit more info from ECT on the type of Activated...
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