Despite the price drop of the last week, haven’t seen any change in US not wanting independence from China for battery materials. This company is a big part of that plan hence the recent $103m 48C tax credit & previously $100m grant. Hopefully next month 301 tariffs return for artificial graphite & drive ph2 demand.
https://www.reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/
https://www.reuters.com/business/autos-transportation/ustr-tai-calls-decisive-action-shield-ev-sector-china-2024-04-17/
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