@mooseymarshall I think you're missing the point. It is not a war between Synthetic and Natural Graphite. The biggest reason IMO why RNU will succeed is not solely because they will produce natural graphite as a low cost or operate out of a tier 1 jurisdiction... But because the world doesn't want to rely on China for the control and supply of graphite (whether natural or synthetic). Covid taught the world a valuable lesson on supply and demand.
Just read the US A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals and see why they are signing agreements with certain countries for the supply of critical minerals. Including Australia.
Why do you think there is a Critical Minerals alliance including Australia, Canada, Finland, France, Germany, Japan, the Republic of Korea, Sweden, the United Kingdom, US, the European Union, Italy and now India. It aims to catalyse public and private investment in critical mineral supply chains globally.
Guess where RNU, POSCO and MITSUBISHI are based........
A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals - Executive Summary
The assured supply of critical minerals and the resiliency of their supply chains are essential to the economic prosperity and national defense of the United States. The United States is heavily dependent on foreign sources of critical minerals and on foreign supply chains resulting in the potential for strategic vulnerabilities to both our economy and military. Mitigating these risks is important and consistent with our country’s National Security Strategy and National Defense Strategy to promote American prosperity and to preserve peace through strength.
The United States imports most critical mineral commodities. Specifically, the United States is import-reliant (imports are greater than 50 percent of annual consumption) for 31 of the 35 minerals designated as critical by the Department of the Interior. The United States does not have any domestic production and relies completely on imports to supply its demand for 14 critical minerals.
To address this problem and reduce the Nation’s vulnerability to disruptions in the supply of critical minerals, President Donald J. Trump issued Executive Order 13817, A Federal Strategy to Ensure Secure and Reliable Supplies of Critical Minerals, on December 20, 2017. The Executive Order directs the Secretary of Commerce, in coordination with heads of selected executive branch agencies and offices, to submit a report to the President that includes:
(i) “a strategy to reduce the Nation’s reliance on critical minerals;
(ii) an assessment of progress toward developing critical minerals recycling and reprocessing technologies, and technological alternatives to critical minerals;
(iii) options for accessing and developing critical minerals through investment and trade with our allies and partners;
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@mooseymarshall I think you're missing the point. It is not a...
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