Yes good points.Benefits of a lower Co2 profile of natural over...

Yes good points.Benefits of a lower Co2 profile of natural over synthetic is only one metric, others are;

1) competitive industries- synthetic uses needle coke which is in high demand for China’s push into EAF’s( graphitic electrodes) .

EAF’s burn cleaner, more efficient and can use scrap metal. China also wants to recycle virtually all its scrap for the steel market as this helps to reduce its complete reliance on importing iron ore. China’s closing thousands of inefficient blast and steel factories to modernise.
So expect continued high price for needle coke- the massive steel industry in China tops the tiny synthetic market. And as a result going forward synthetic producers will have to hope they can get reasonable supply and pay whatever the price is…

2) time to market- once you get past the long lead time for a graphite mine startup, then supply is no problem to yr offtakers. And scaling up is not an issue if demand is there.
And if yr processing further downstream into spherical air milling , or further into coating then this is all part of yr DFS , CAPEX/OPEX studies ( such as with OEM n battery makers AAM A,B and C samples).
Synthetic timeframe is up to 5months.
Any hiccups in that ( needle coke, quality or equipment issues and OEM’s business models are shot…..