No announcement from NVX, page-78

I don't think anyone is citing that graphite is no longer relevant. Even Elon said that they will still require CATL, Panasonic, LG Chem otherwise he is unable to meet production targets and scale. His focus is bringing price down, to ramp critical mass on EV uptakes.

that said though, we need to also consider other reveals less talked about e.g. 100% recycling and what happened to MMB.

Maybe it's not financially viable to make money out of MMB. One can technically use their MMB EV for equivalent of 70 years assuming other parts are still functional/serviceable. Maybe it's more cost effective and profitable to recycle battery packs and replace them if Elon can drive the price down as he intended. From a business perspective, committing to a MMB (assume 70yrs lifespan) warranty can be costly. E.g. what happens when projected MMBs only last 0.75MM? For those familiar with the light bulb industry, you'll relate to this better.

And so, if graphite is a transitional material, would there be a need to use MMB capable graphite or cheaper alternatives (that are also green e.g. Talga) that does not commit the company to MMB EVs, which it may not be able to continuosly sustain with future battery tech that may bring other benefits. (E.g. size, form, weight, safety, price advantage etc)

imho NVX has to reposition itself appropriately to a market that requires the long life and reliability of their material. E.g. maybe more long term battery storage vs vehicles - if MMBs aren't deemed to be a good selling proposition for EVs).

As such, until a large scale (not just 2000tpa) supply contract is in place, I'm not really getting excited. 2000tpa is an extremely small number in the world of graphite suppliers. There are no short of suppliers out there globally, and out of China. Even a new entrant to India (Google India tar company) is planning for 50k TPA synthetic in five years. NVX iirc is calling 25k TPA in 5 years.

Good to keep a competitive view of the landscape. This is not financial advice.