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vivo86

245 Posts.

32

15/09/23

09:44

Post #: 69868872
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Originally posted by amiguel1380: ↑

Where did you get this price chart from mate?

The drop in graphite price had been caused by drop in demand in the EV sector largely in China due to economic slowdown and problems. This also caused abundance of inventory of cheap synthetic graphite in China.

The desire to diversify supply away from China will cause the price of natural graphite to rise again. There are also several active anode facilities in various stages of construction being built in the US, South Korea, Indonesia, India and Africa which will increase future demand which will be buying natural graphite ex China. Also, when China inventories start to deplete we should see further graphite price rise again. Graphite price is projected to propel higher (much higher than 2022 levels) and past the bottom as per the graphs below

I think the next 6-12 months and beyond will be huge for RNU.

Interesting reads about and what had been taking place in the graphite market

https://www.fastmarkets.com/insights/graphite-market-outlook-five-key-factors-to-watch https://www.fastmarkets.com/insights/syrah-resources-graphite-deals-in-line-with-supply-diversification https://www.fastmarkets.com/insights/graphite-producer-nextsource-signs-mou-to-secure-battery-materials-supply

Expand

I think it's the chart for Graphite India Ltd. ?
Not related to the direct price of graphite, just green graph that was found with 'graphite'

RNU Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 7.8¢		Change 0.000(0.00%)		Mkt cap ! $198.2M

Open	High	Low	Value	Volume
7.8¢	7.9¢	7.7¢	$230.9K	2.957M

Buyers (Bids)

No.	Vol.	Price($)
7	599832	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	24293	1

View Market Depth

No.	Vol.	Price($)
7	599832	0.078
24	1226607	0.077
13	633860	0.076
16	543805	0.075
8	690500	0.074

Price($)	Vol.	No.
0.079	24293	1
0.080	405395	5
0.081	103797	1
0.082	138004	2
0.083	368000	4

Last trade - 16.10pm 04/10/2024 (20 minute delay)

RNU (ASX) Chart

General Discussions, page-25254

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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General Discussions, page-25254

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News