RE: Seems positive news for BRES20 Dec 2025 12:17
Very positive, thanks for posting.
Two US federal agencies have now ruled that BTR New Material Group, the world’s largest graphite anode material producer, is controlled by the Chinese Communist Party and classified as a Foreign Entity of Concern (FEOC).
This designation means BTR-linked graphite cannot qualify for US IRA incentives, and OEMs using it risk losing EV tax credits and federal funding. A final US trade ruling on dumping and subsidies is due 12 February.
For Blencowe Resources (BRES), the implications are material:
• US and allied OEMs are being forced to de-risk away from China
• Demand for non-Chinese natural graphite is accelerating
• China-subsidised material has suppressed global pricing for years
• FEOC restrictions and potential tariffs remove that artificial pricing pressure
• This improves long-term contract pricing, margins, and DFS robustness for Western projects
• Jurisdiction and control now matter as much as cost in offtake decisions
This is not hype — it is policy hardening into enforcement.
BRES’ scale, grade, and timing look increasingly aligned with a structurally higher graphite pricing environment.