RE: Hello Finland RNS6 Dec 2021 07:21
Benchmark Mineral Intelligence estimates that the major auto makers have committed over US$300 billion to developing EVs and that there are over 100 LiB mega-factories in the pipeline. These factories represent over 2,000 gWh of LiB production capacity which in turn equates to 800,000 tonnes of new annual graphite demand by 2023 and 1.4 million tonnes by 2028. In short, graphite production has to more than double to meet this demand. As a result, the outlook for graphite prices is very bright and the need for secure western sources of supply is critical.
CRITICAL!!!