SYR 0.00% 32.0¢ syrah resources limited

And one more thing, note the following comment at the end of the...

  1. 8,972 Posts.
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    And one more thing, note the following comment at the end of the ann:

    "According to a report in The Japan Times dated 20 May 2013, Japan is gearing up to launch fuel cell vehicles as the next generation of environmentally sensitive cars. A fuel cell vehicle reportedly only needs three minutes to recharge with 5 kg of hydrogen that will allow it to travel more than 500 km. Toyota Motor Corporation, Vice Chairman Takeshi Uchiyamada, noted that it was possible that fuel cell vehicles might replace electric vehicles. Toyota and Honda plan to release mass-market fuel cell vehicles in 2015, and Nissan Motor Co. will follow suit in 2017. Reports suggest that about 80kg of graphite is used in a cell fuel vehicle."

    If that much graphite is required for a FC vehicle, and Japan are serious about substituting EVs with FC vehicles, Japan will obviously require a VERG BIG, VERY CHEAP and VERY LONG TERM supply of graphite (and no doubt they don't want to rely on the Chinese!).

    Now do a google search for Japan Mozambqique and find the recent news about an investment protection agreement signed between Japan and Mozambique over last couple days.

    Draw your own conclusions.

    Cdchi1
 
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