That is probably one of the things we have applied for. New German government is going on a huge spending spree for defense and raw materials. My investments Almonty Industries and Ecograf already benefit from this.
With regard to Ecograf, you simply have the best connections to the EU and Germany that I know of in a commodities company with this market capitalization. Not only will industrial demand for graphite continue to rise due to the battery boom, energy storage and defense markets.
No, the EU and Germany in particular are also realizing that they need to regain their strength and place their supply chains in their own hands and not in the hands of China or the US. The current dispute with the US in particular should ensure that Germany needs 1-3 Battery Anode Material sites from Ecograf and shouldn't rely on US supply from an EGR plant.
My bet here is on clusters of companies with an interest in Ecograf, led by the (ex-) Northvolt shareholder Volkswagen. Who are still the largest automotive company in the world and will launch a huge electric offensive to fill the current Tesla vacuum. Nobody in the EU buys Tesla anymore, because of Musk. Different topic..
Regarding the KfW-ipex loan for Epanko, I think many will not understand the enormity of such a loan. On the one hand, it shows that Ecograf has a fabulous project, not only from an economic point of view, but also for the raw material security of the West and above all for the local community in Tanzania. EGR thus meets the highest standards. KfW is not just anyone, but opens doors for Ecograf to off-take partners and further funds and grants from the EU.
Looking forward to the next few weeks
EGR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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