Yes we have heard this before @FiveCent but there are some very different circumstances on a global & geopolitical scale at the moment, which are a much more significant force than the efforts of one individual company.
There is investment coming into critical minerals, graphite, Korean $$ flowing into Tanzania, there are tariffs being imposed on China graphite anode, tariffs on China critical minerals, Inflation Reduction Act funding for Graphite Anode plants, European Critical Raw materials act coming into effect etc, etc, etc.
Non Chinese Battery manufacturers who wish to sell vehicles in USA or Europe are scrambling to re-establish supply chains for battery anode graphite now, as they have 2 years of exemptions remaining on using Chinese graphite.
The same could be said about the management team of every lithium company before the resurgence of lithium in 2021-22, but in reality what changed were the market dynamics and pricing.
https://www.reuters.com/world/south-korea-agrees-lend-billions-tanzania-ethiopia-2024-06-03/
https://www.fastmarkets.com/insights/us-to-end-tariff-exemption-on-chinese-graphite-anodes/
https://www.fastmarkets.com/insights/us-ira-scheme-spurs-activity-on-multiple-fronts-in-graphite-anode-sector/
https://globalpolicywatch.com/2024/05/the-eu-critical-raw-materials-act-enters-into-force/
https://www.energy.gov/infrastructure/qualifying-advanced-energy-project-credit-48c-program
https://www.reuters.com/world/china/china-require-export-permits-some-graphite-products-dec-1-2023-10-20/
https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/#:~:text=The%20tariff%20rate%20on%20natural,zero%20to%2025%25%20in%202024
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