Oct 2 2023:
"UBS tips graphite price surge. Natural graphite prices are currently trading at circa US$570 per tonne. UBS sees 50% upside to current pricing and has set its long-term graphite price at $850/t. "Our view that a) global EV sales lift five times to more than 51 million per annum by 2030, and b) a 30% larger average batter size (circa 80kWh) by 2030, coupled with our battery teardown work suggesting a potentially higher anode intensity and a greater proportion of natural graphite anode, have us constructive on the natural graphite demand outlook," the bank said. It sees natural graphite demand rising by six times to 6.3 million tonnes by 2030, with a deficit forming from 2025."
Oct 2 2023:"UBS tips graphite price surge. Natural graphite...
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