we are thinking chinese blocked the graphite to promote thier car industry but I now think they might have thought more than this. It seems to me, after crossing the first hurdle ie. creating space for chinese car, they are preparing for final hurdle. To me, the final hurdle is to make EV's viable at the oil crashing to $20. Ultimatly, the oil producing countries will decrease the price to a level that EV's loose their financial gains and that is the biggest challenge for any EV producer. Might be china is making itself ready to $20 scenario. Looking at the current bleeding of graphite companies, not sure who will provide the needed Graphite. and why is country like Tanzania loosing a golden moment in history. Whatever, we will see. I am here to stay whatever it takes. All in my opinion. DYOR.
EGR Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
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