Understanding Graphite, page-243

The situation just keeps being reiterated in all types of news articles.

The flow on effect will reach us soon and add another boost to the share price. Current MC only $53.3M

Maybe the gold will beat it to the punch though?

President Joe Biden has promised to replace the US government’s fleet of roughly 650,000 vehicles with electric models as the new administration shifts its focus toward clean-energy.
The US is 100 percent reliant on imports of graphite, which is used not only for electric and hybrid vehicles but for cell phones and laptops. China produces over 60 per cent of the world’s high-purity graphite needed for rechargeable batteries.
Global annual electric vehicle sales are estimated to rise to 10m per year in 2025, 28m in 2025 and 56m by 2040. As a result, demand for high-performance battery material, including graphite, copper, cobalt, lithium and nickel, was expected to grow seven fold.

Would love to be a fly on the wall at Renascor HQ.

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