That really is the big issue isn’t it. What counter measures is the US likely to implement that impacts graphite. It’s very unlikely anything will happen in the next 90 days. Trump will not rock that boat in case it blows up into another type high tariff war. After 90 days anything is possible and trying to postulate what will happen is impossible. I can only make my decisions based on the here and now. But I do feel pretty confident there will be no US move supporting a huge graphite price anytime soon. A 920% tariff is nuts. Even a 50% one would get me back in.
Ann: Balama production targeted by end of June 2025 quarter, page-18
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