Ann: Presentation New World Metals Conference, page-3

This graph below from page 7 hugely under represents what the reality is and will be the EV take up IMO.

For example Germany August figures had EVs (PHEVS and BEVS) making up 25% of all vehicle sales. In addition 18% went to old tech hybrids (like our popular RAV 4) which you can imagine will rapidly move to PHEVS once more people understand the difference.


In short there will be A LOT more graphite demand, a lot sooner than even RNU think.
When the RIVIANs ( from now) F150 Lightening and Cybertruck start up next year with their massive battery packs....

I already expect RNU to start at x2 the current Stage 1 production figure, but quickly double that as they define more resource as cash is coming in.