Its the quality that looks to be the issue. Looking at the table you posted, 28% TGC is really good, much higher than RNU, however there is something not right in the processing into PSG.
Looking at the Graphite Purity row, column 2 shows after floatation and grinding they are only at 84% (RNU is 93%-94%), then after 2 stages of purification they are still only at 99.70% (RNU achieved 99.99%), this is not battery grade, so they are going to need to do some more work on purification, which will cost money. That maybe offset by lower wages in Kazakhstan (guessing i have no idea the average wage) and they can likely throw it on a train to customers next door in China... but it might not.
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