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.
TON Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
