Interesting, but too low a cost imo when we consider Hazer graphite is high purity and low ash and can be used to replace a portion of the coke in a blast furnace.
Coke is high cost, made from coking coal that has to be mined, washed, blended and has variable coking properties that require lots of management, high cost, volatile prices, much higher emissions to produce.
Steel makers need certainty of quality, supply and costs as well a lower emissions ... not to mention they might also use the H2 as they evolve their steel production processes.
I reckon you could safely add $100 per tonne to that price and make it USD and still be highly competitive.
Am I off the mark here?
Regards
QQ
HZR Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
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