If you think for one minute that the USA will lay down and let the Chinese impede the countries ability to either mine or buy graphite and graphite products from other like minded countries because the Chinese government has been subsidising the entire effort and artificially keeping the price too low. Not sustainable.
subsidize (Google)
/ˈsʌbsɪdʌɪz/
verb
gerund or present participle: subsidising
support (an organization or activity) financially.
"the mining industry continues to be subsidized"
Names Little, below a statement from AI . As you can read it not just 2 companies it is a whole Anode coalition. It represents the companies (5 ) all below.
The case was initiated by the American Active Anode Material Producers (AAAMP), a coalition of U.S.-based graphite producers, including members of the North American Graphite Alliance. They allege that Chinese graphite is being dumped into the U.S. market at unfairly low prices due to heavy state subsidies.
The American Active Anode Material Producers (AAAMP) coalition is made up of five companies:
Anovion Technologies – based in Sanborn, New York
Syrah Technologies LLC – located in Vidalia, Louisiana
NOVONIX Anode Materials LLC – headquartered in Chattanooga, Tennessee
Epsilon Advanced Materials – operating out of Leland, North Carolina
SKI US, Inc. – based in Marietta, Georgia
These companies banded together to file the trade petition against Chinese graphite imports, aiming to protect and grow the domestic supply chain for lithium-ion battery materials.
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Last
6.1¢ |
Change
-0.003(4.69%) |
Mkt cap ! $155.1M |
Open | High | Low | Value | Volume |
6.3¢ | 6.3¢ | 6.0¢ | $185.4K | 3.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1152329 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 124952 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1152329 | 0.059 |
3 | 714155 | 0.058 |
2 | 44526 | 0.057 |
3 | 475000 | 0.056 |
15 | 521181 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 124952 | 2 |
0.063 | 198900 | 2 |
0.064 | 178848 | 4 |
0.065 | 483344 | 8 |
0.066 | 212982 | 3 |
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