I for one am excited for Spherical Graphite ( RNU ) into the future. My answer to every ones question is YES !!!
Yes - Graphite is required globally.
Yes - RNU will be ahead of the curve.
Yes - You need to be in the game to win the game.
Yes - EV - Military - industrial growth and demand will continue to grow.
Yes - Australia has a stable newly elected federal government, with contractual agreements in place with open communication and transparency.
Yes - No sovereign risk associated with this stock.
Upwards and onwards fellow Graphite RNU investors.
What is the future demand for graphite?
Benchmark Mineral Intelligence predicts natural graphite demand will increase 140% by 2030, meaning the market will need about 1.7 million tonnes of the material. That means about 30 new natural graphite mines and 12 new synthetic graphite plants will need to come online globally to fill the void.
Source: International Graphite.
The global push for net-zero emissions hinges on having ready access to critical minerals and supply shortages are imminent because of the long lead time and intensive capital required to develop new mining operations, coupled with the geopolitical challenges of China’s supply monopoly. Graphite is at the forefront with market analysts estimating that more than 300 new graphite mines will need to be built by 2035 to meet the demand for electric vehicle and energy storage batteries. Currently, there are around 70 graphite mines in operation, largely concentrated in China and Africa.
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Last
6.7¢ |
Change
0.008(13.6%) |
Mkt cap ! $170.3M |
Open | High | Low | Value | Volume |
6.4¢ | 6.9¢ | 6.4¢ | $509.6K | 7.683M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 70922 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 161196 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70922 | 0.065 |
2 | 70740 | 0.064 |
4 | 73674 | 0.063 |
2 | 1100000 | 0.062 |
5 | 246786 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 161196 | 3 |
0.068 | 439996 | 5 |
0.069 | 353455 | 4 |
0.070 | 438107 | 8 |
0.071 | 122000 | 2 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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RNU (ASX) Chart |