Not sure what a mailout from NSM to their SHs suggests with regards to their specific progress on the ground.... but, the graphite space is certainly heating up and perhaps this is why:-
The amount of raw natural graphite (which is approx double that required to produce spheronised graphite) based on the above is mind-boggling. And, NextSource will only be producing 17ktpa to begin with... hence why EVG is aiming at 39ktpa for Phase 1. The demand is predicted to support massive increases in both SPG and raw graphite supply over the years and decade/s to come.
EVION GROUP GENERAL DISCUSSION, page-4
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