SYR see graphite mkt up to 3.25mtpa

Syrah has provided the market with a Recarbursier Update (attached)this morning. Specifically they have given some suggestions of where future demand will come from.

The estimated size for these recarburiser markets are as follows:
- steel making via the Electric Arc Furnace (EAF) process – in the range of 573K tonnes per annum (tpa) to 955K tpa
- iron casting – approximately 2,300K tpa combined for gray and ductile iron

This is significantly larger than what we had estimated.

lets not forget Telsa's Gigfactory would need c150Kpa of flake.