Analysts say graphite buyers are expected to permanently boost imports off China
Graphite is used in virtually all electric vehicle battery anodes, which are the negatively charged portion of a battery.
“I expect we will see an increase in both purchases and prices in November,” said Tom Burkett of consultancy Global Graphite Advisory LCC.
Existing producers in Canada and Africa will see an immediate positive impact, while new producers in Australia, Brazil, Africa, Canada and the US will likely see a new round of investment to begin production as quickly as possible, he adds.
In the German Ecograf Forum we are a little curious to see how you Auss will react to the good news in a special sense for Eco. If Spinks finally comes out of cover and fires off some good news, it would be great momentum. Personally, I would like to look forward to a repeat of our German/Australian course rally of our pearl. Have a good time and a GREEN future with our pearl.
EGR Price at posting:
11.3¢ Sentiment: Buy Disclosure: Held
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