POSCO will require more graphite than the MOU just signed
Source Fastmarkets --> https://www.fastmarkets.com/insights/black-rock-secures-100-graphite-offtake-deal-with-posco/Posco’s anode business is expected to require 30,000 tonnes per year from Black Rock, with a minimum supply of 20,000 tpy.
The anode market is expected to grow rapidly with the acceleration in the take up of electric vehicles.
Posco anticipates its need for graphite concentrate will rise from 114,000 tonnes in 2022, rising to 229,000 tonnes in 2025, before reaching 417,000 tonnes in 2030.
The South Korean company anticipates needing the increased volume of flake graphite to grow its anode business from 82,000 tpy in 2022 to 320,000 tpy by 2030.
POSCO will require more graphite than the MOU just signedSource...
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