Yes i am in fact well aware of SYR’s issues, however to assume that graphite processing issues are insurmountable is a bit ridiculous as there is clearly already a huge graphite market around the world.
SYR unfortunately had a first mover disadvantage, much like PLS they got into production on the back of an electric vehicle revolution that hadn’t yet begun and it almost destroyed both companies. The major transition to electric vehicles is happening now and the mining companies are now in a position of power to make their own terms instead of meeting the market.
The European obligations will largely be irrelevant to RNU as their focus is on the Asian region.
No one has said this will be cheap, easy or without risks however RNU is extremely well placed to take advantage of the upcoming boom in the battery materials sector.
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