Hi Stifler great progress...A picture says a thousand words...By now expect the 3rd ship to be on transit...Engineers are possibly already on site with more to come as construction ramps up...Drawdown is only 2-3 weeks away which will align with ramp-up...
Graphite flake prices bounced back in 2021 due to evolving market dynamics amid global logistics issues, China’s power crunch and its environmental inspections. These factors look likely to continue to drive the graphite flake market into 2022, report Sybil Pan and Jon Stibbs.
The new-energy vehicle sector is becoming a major downstream consumer of fine graphite flake, with solid support for the material since the end of 2020. Intensifying global shipping issues, China’s power crunch, its environmental inspections and suspension of production in winter have combined to send fine flake prices soaring in the second half of 2021.
cif Europe jumped to $700 per tonne and $755 per tonne on December 2, respectively, up by 34.62% and 24.79% from the middle of the year. Now the bottom of the basket goes up and up...$$$
Great time to be building a mine with a First mover advantage into the expandable coating markets...23% spare capacity of the plant with 50% redundancy built into the back end...
Regards Croc (Transformational year and into production...)
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