Here is article pn growth ev...

Here is article pn growth ev
https://www.google.com.au/amp/s/www...r-market-goes-zero-to-2-million-in-five-years
Last year growth of EVs was 60% and 40 %of that sold to china being the biggest adopter of Evs
China national subsidy worth approx 10000 aud per car, and in addition local subsidy up to another 5000 aud per car.
10 percent of all sales by 2019 to be EV in China who are the biggest and fastest growing car mkt.
600,000,000 evs will be needed to meet the paris accord tagrets by 2025 or in 8 years
88 million new cars were sold in 2016 worldwide at ball park 4 percent growth.
There is approx 5 million EV cars now worldwide

Link shows by 2025 a group of countries including china, us and euro countries want 30% all new cars sold to be EV.
30 percent of 90 million is 30 million cars. How much graphite per battery?
At 10kg per battery= 300,000 tonnes of graphite per year
At 25 kg per battery= 750,000 tonnes a year of graphite

And this is just the ev market, steel makimg wont dissapear!


With growth in evs the ev and storage market will be the largest consumer of graphite by 2020, where it is currently steel making.  Steel making is a cheap arse product pushing graphite pricing down. Cars have a higher margin and need spherical graphite. Spherical graphite in 2015 q 2 was 2500 / tonne. In q2 2016 spherical graphite was 2800-3200 /tonne... upward she goes