What ‘value’ do Tier1 Anode players place on spreading the risk of extreme weather events?We already know that the graphite concentrate demand is tightening and supply is drying up*. So the last thing the market needs right now is further interruptions from key known graphite reserves. Yet, only 4 days ago
Tropical Storm Ana hit Madagascar, Mozambique – the extent of the damage is unknown.
Likewise, there's been a lot of rain on our resource on the Eyre Peninsula. However, the temperate climate of South Australia pales to the extreme flooding experienced by tropical regions.
However, as Tier1 Anode manufacturers' invest heavily in scaling-up their businesses, can they really afford added disruptions on top of known risks like Covid restrictions, future pandemics, transportation logistic issues (added insurance costs), sovereign-risk issues, geopolitical tension etc, year after year on a regular basis?
I'd suggest we'd might know the answer to this before too long.
All in my opinion, DYOR, GLTAH
*
Graphite vs Lithium: The electrification of the global transportation system doesn’t happen without lithium and graphite needed for lithium-ion batteries that go into electric vehicles.
