I don’t think you’re dreaming. Watch this interview attached from two weeks ago with Chris B on Chinese dominance of graphite and the importance of localisation. Quite Eerie
@burty will be interesting to see next moves. The furnaces are modular, the photo we were given was of “Two of our gen3 furnaces” so scaling is dependent on demand, equipment supply and of course funding. I’d like to see the Grant come through from DoE to expedite Finalising Riverside Engineering. In their own words this needs completion first prior to scaling & next facility. Yep foot to the floor on this.
Look at the last twelve months, China crashed the spherical & sg graphite price mid year through subsidised production(11 year price lows)then continued to up production even though the price was low, stymying non Chinese start ups unable to compete, leaving them with all the moves. Great chess
https://www.cnbc.com/video/2023/10/05/novonix-discusses-chinas-dominance-in-battery-materials-supply-chain.html?trk=feed-detail_main-feed-card_feed-article-content
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I don’t think you’re dreaming. Watch this interview attached...
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