Oh how little do they know calling the expandable market a small niche market including the flame retardant building materials. After all they are in the Battery Grade market that has the lowest pricing instead of the premium pricing.
The FLAME RETARDENT BUILDING MATERIALS alone require 2 Million Tonnes per YEAR according to CNBM per 40 Million tonns of building materials they produce and as legislation changes occur around the world (which is happening right now including Australia) that figure will double from 2 Mill tonnes to 4 Million tonnes per year.
That is the message that the Vice President of China National Building Materials stated approx. 3 months after the Grenfell tower disaster in the UK.
High rise buildings across the world will have to replace all their outside cladding in order to bring them up to code before they can be sold.
Battery markets, EV battery markets, Expandable Industry, includes electronics, includes Solar markets, includes Fire Retardant Building Materials etc and the Steel Industry are all going to collide and create the supply - demand imbalance and the first signs are starting to appear now.
