General Discussions, page-33103

I agree. A simple but effective move to squash business cases and stall competition entering the market. So what happens next? I think the tariffs will bite but there needs to be more certainty about the ex China price for these materials so business cases are more quantifiable. Seems to be a bit of a stale mate at the moment. I think China will buy more of the African mines at discounted prices to shore up its own needs. I think the US/Europe/Australia etc will have to bank roll a few projects (large grants) to get them into production sooner. This would establish the ex China price for materials and bring ex China capacity on line sooner. The alternative is to wait for demand to outstrip the current bloated supply. I don't see this happening as the delay is too costly for those wishing to break reliance on Chinese supply. If a few projects are to receive large grants to hurry things up, RNU would have to be a prime candidate in the graphite space. Will be an interesting 12 months