high coal/energy input, smog, cost and probable lack of bulk oil refining to produce petroleum coke would put a strain on synthetic graphite production completely supplanting natural graphite. Cost should reserve SG to high end processes while NG will feed low - mid manufacturing and maybe even some high end process'.
BKT has also secured offtake agreements for some 30ktpa to Chinese firms. Thats only about 10% of expected production from Mahenge, but it is something. If SG has become fashionable, NG will fall out of favour, price will fall, mines mothballed and when economic reality of SG is felt there will be a rush to NG which will put demand of a supply that is not there and then we have a NG price surge. When is the question.
BKT Price at posting:
5.7¢ Sentiment: None Disclosure: Not Held
