Non-Chinese Graphite is clearly on the move with SYR's recent announcement.
By announcing that it had sold its first large volume of natural graphite to a 'battery supply chain player' outside of China, it has confirmed that things are happening and supply chains have organised themselves to meet and satisfy demand. However, what is most interesting, is that it was sold at a spot price! This can only mean that competition for material has tightened.
This is great news for the entire sector. While SYR may be at the forefront of sustainable exChina pricing, RNU's strong ESG credentials and low quartile costs will most likely set the tone for future supply chain price and regulations.
An increase in the granting of China export licences is expected to support higher natural graphite fines demand as consumption and re-stocking flow through the Chinese anode supply chain.
It could all be about to play out before our eyes.
All IMO, DYOR, GLTA(patient)H
- Forums
- ASX - By Stock
- General Discussions
Non-Chinese Graphite is clearly on the move with SYR's recent...
- There are more pages in this discussion • 337 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNU (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $249.0M |
Open | High | Low | Value | Volume |
10.0¢ | 10.3¢ | 9.7¢ | $690.2K | 6.928M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 94439 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 258734 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 144449 | 0.100 |
2 | 52100 | 0.099 |
2 | 21500 | 0.098 |
8 | 234944 | 0.097 |
11 | 610856 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 60975 | 1 |
0.098 | 125066 | 2 |
0.100 | 1302877 | 7 |
0.105 | 1888632 | 25 |
0.110 | 1634166 | 22 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
|
|||||
Last
9.8¢ |
  |
Change
-0.002 ( 3.64 %) |
|||
Open | High | Low | Volume | ||
10.3¢ | 10.3¢ | 9.7¢ | 3002776 | ||
Last updated 15.44pm 29/04/2024 ? |
Featured News
RNU (ASX) Chart |