It depends if Synthetic processing does become cheaper and only cost $8,000 per tonne by 2030. Then Syrah and Talga have problem. Because from my research today the only reason anodes blend Natural graphite with Synthetic graphite is not because of quality. Its because today Natural AAM has halve the cost of Synthetic advantage.
Cause today you pay $11,000 per tonne for Synthetic Anode material and $5,400 per tonne for Natural AAM. Maybe we lucky and Synthetic stays expensive compared with Natural.
But Telsa thinks it will stay cheaper than Synthetic otherwise they would not have done deal with Syrah.
Also there is a reason Novonix is priced at 3 Billion compared to Syrah 1 Billion. Market still believe in Synthetic higher pricing today.
TLG Price at posting:
$1.68 Sentiment: None Disclosure: Not Held
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