SYR 3.64% 26.5¢ syrah resources limited

The first chart can be mis-leading. Currently 100% of processed...

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    The first chart can be mis-leading. Currently 100% of processed graphite comes from China. A lot of the graphite for the 2023 US and Europe battery demand will slowly be replaced by western sources. Especially the US and the EU has a 40% target. So in effect as far as SYR is concerned, the global market share % in EV battery demand in 2023 is closer to zero.

    Also in North America, 22% of 50m EV's globally is a lot more than 15% of 14m in 2023

    Demand growth from ex-China for graphite is coming from everywhere
    Last edited by Proga: 22/02/24
 
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