This is wrong in so many ways. Comparing Li and Graphite markets is idiotic.
No the market will not need all the fines coming from these mines. Graphite is abundant unlike Li. It is a buyers market, it is not a commodity. Downstream processors don't just buy whatever graphite is available and they dont just buy whatever is the cheapest - as SYR found out.
Also, large flake can be ground into fine flake if the economics support it.
This is wrong in so many ways. Comparing Li and Graphite markets...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $71.32M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 5.9¢ | 5.7¢ | $105.3K | 1.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 598949 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 754540 | 1 |
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| Last trade - 15.49pm 09/07/2024 (20 minute delay) ? |
| BKT (ASX) Chart |