Hi Jacka, everything on HC is just speculation mate! Sorry, I didn't put IMO/DYOR at the end.
I dealt with a lot of similar arrangements when I worked in zinc industry and it just smells to me like there is a play in hand here to lock up a significant supply of graphite to feed CHina moving forward. If they (and everything is a collective in China) can get a suitable deal, they can complete the job of closing down their own dirty graphite mining sites - let someone else do the dirty work and just do the trading and upstream processing. That's why I like TON strategy of becoming vertically integrated - it actually generates demand on TMG and also collects revenue from upstream processing!
IMO/DYOR
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