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Graphite on the rise as price pinch felt The equation looks...

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    Graphite on the rise as price pinch felt

    The equation looks simple; the supply of graphite is tightening, while the demand is currently forecast to skyrocket.
    According to a report from Benchmark Minerals Intelligence however, the demand for batteries, and therefore graphite, is predicted to be much higher in third quarter and fourth quarter this year.
    Looking further ahead paints an even starker picture for the future of graphite according to that same BMI report.
    Further, BMI currently anticipates an additional 860 GWh could come on stream through the development of new battery megafactories by 2028. This potentially could equate to 950,000 tonnes of additional quality flake production over this period....all that production increase has to happen within the next 10 years...it's going to be a very busy decade for quality flake graphite Projects
    https://www.australianmining.com.au/news/graphite-rise-price-pinch-felt/

    All IMO

    There is so much happening and so little shares to go around.

    2018 - THE Year Of The KNL
 
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