So China has subsidised graphite producers and their prices are so low that non Chinese producers cannot compete.Canada and USA appear to be putting tariffs on Chinese Graphite.The IRA seems to mean you won’t get your EVs sold in US if you use Chinese minerals etc.All this and synthetic graphite seems to be subsidised in USA.The question going around in my mind is where does this leave RNU?With $100mill in the bank a lot better than most other graphite hopefuls but still nowhere unless we get a BOA.Hoping for some good news in the New Year.A very Merry Christmas to you all
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