The modeling completed by the EcoGraf is realistic, unlike its peers that overhype the pricing. I am not sure how RNU came up with the price of US$4312 per tonne when they used the figures from Benchmark Minerals, Maybe they are looking at getting into production towards the end of the decade.
EGR forecast price of $3150 per tonne appears to be inline with BMI's forecast 2020-2025.
If you didn't know, The Chinese have a mine in graphite mine in Tanzania, they are exporting graphite concentrate 65% TGC to China for further processing, this is how they will keep their cost of production low by avoiding paying the GOT higher royalties and save on Import duties. They are also developing several new mines in Inner Mongolia.
China can obtain approvals and build a mine quicker than we can gain approval approvals to build Kwinana.
I look forward to the news of the Recycled battery graphite being used in new blended anodes along with the long list that 564xxl added above, hopefully next week Andrew will start providing updates and offtake agreements.
I hope you are correct with your call of $1 or $2 in the near future.
EGR Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held
(20min delay)