SYR 3.17% 32.5¢ syrah resources limited

Media Reports, page-2257

  1. 5,114 Posts.
    lightbulb Created with Sketch. 871
    On August 23, Investing News reported: Quebec's potential as key player in North American — and European — graphite supply...Graphite is arguably one of the most critical minerals in the production of electric vehicles. Each electric vehicle contains between 50 and 100 kilograms of the material...To meet energy storage demand, graphite supply needs to increase nearly 500 percent by 2050, according to a World Bank report. As the number of gigafactories in North America continues to rise, supplying the raw materials they require will become increasingly untenable with the current state of the graphite supply market. We need to boost domestic mineral production, starting with exploration...The material makes up roughly 45 percent of each battery cell and roughly 28 percent of the entire battery. It's by far the largest component in both volume and mass.

    On September 6, Stock head reported :How are the other battery metal products faring as China’s economy stutters? EV battery demand has chilled in China in August, with nickel, cobalt and graphite feeling the pinch. Chinese graphite production is ramping up in expectation of strong long-term demand...For all the talk of developing supply chains outside China, the battery and EV business is very much a China story for now. And at the moment, the general trend of the EV supply chain is down. While EV sales continue to increase, conversion capacity has caught up, with lithium and other battery metals facing headwinds
    Last edited by Proga: 28/09/23
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
32.5¢
Change
0.010(3.17%)
Mkt cap ! $336.3M
Open High Low Value Volume
32.0¢ 33.5¢ 31.5¢ $1.380M 4.243M

Buyers (Bids)

No. Vol. Price($)
11 126793 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 209602 3
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.