Discussed ad nauseum recently here ..... USA graphite miners and AAM producers are seeking a 900% tariff on Chinese graphite. If even 300% put on, it should see price of graphite (-100% mesh) in rocket from US$470 per tonne to US$850 to US$950 a tonne. And only Syrah (ex. China) at the moment can supply large quantities. If I were in the Tesla heirarchy .....publicly at least , I would be saying "nothing "until the Anti Dumping ruling is announced ..also before months end ! Current negotiations outcome , between USA/China , are interesting , but certain items like Graphite ( under a separate Challenge ) , might mean there are certain "carve outs " ie play fair , or we won't co-operate . Trump/Tesla need a win ...and the Made in USA manufacturing need a win .Perhaps its not a "winner take all "solution for Syrah , but I am hard pressed to believe this won't end up in a favourable outcome for the Vidalia Plant being supported to the expansion stage ..and that Announcement coming quite soon ! AIMHO
SYR Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
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