Media Watch - NVX related, page-14678

Great article Paul



But those customers have been loath to sign long-term purchase agreements with U.S. suppliers given the possibility that mineral prices will keep falling, and the fact that American-made minerals are more expensive than Chinese ones to begin with, companies say. One estimate last year put the price of North American graphite at more than double that of imported material, for example.

“You can’t have the facility built or the money to buy the equipment without having commitments from customers because you can’t get the financing without it,” said Chip Dunn, chair of Anovion Technologies, which is developing a $1 billion synthetic graphite plant in Georgia. “This is where the government needs to play a role.”