I think Verner & Co put most eggs in the EV graphite fines for China. They (hindsight or not) could have had a more diverse plan from the start - utilizing the existing market for graphite (larger flake) would have given them a steady income and base line demand perhaps. Value adding to anodes makes sense but they need to announce sales of current production from Vidalia before dreaming of expanding. To me it seems the established synthetic anode supply might be hard to crack and yes, they need support on ESG / China dominance to move ahead which should be forthcoming. Annoying if we have to wait till mid October for an update.
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