The MAGA cult just got the EU to announce they are working...

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Kriptic

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08/04/25

21:38

Post #: 78609905
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Originally posted by Dozen: ↑

I can't remember the next step - haven't time at present to look it up but think it is a generalised approval in principle before more details sorted out. My thinking is that EGR is close to this next step which once it has occurred would encourage conditional off-take agreements. Once they are arranged for somewhat more than 50% output then I think the way would be clear for firmer commitment from kFW. Ultimately, I expect would need German Government approval. I think it most likely Thyssen Krupp will sign up for conventional uses of graphite. So too a German trader lets say. Then 20,000 tpy to mid-stream processing in Tanzania and on to POSCO by the looks of it. Bound to be a European battery producer in the mix.

I expect Trump's games and mad MAGA cult behaviour will make dealmaking in Europe easier for EGR.
I wonder about the effect of trade wars on Chinese hold on graphite markets.

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The MAGA cult just got the EU to announce they are working towards a zero to zero tariff policy with the US, that will certainly have an impact on the battery, EV and auto industry

EGR Price at posting: 29.0¢ Sentiment: None Disclosure: Held
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Last 29.0¢		Change -0.030(9.38%)		Mkt cap ! $136.2M

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