tcm55
1 년 전
Graphite curbs
After choking exports of chipmaking metals gallium and germanium, China is stepping up its efforts to maintain its manufacturing dominance by restricting exports of graphite, a key material used in electric-vehicle batteries. Beijing's move comes just days after Washington unveiled new restrictions on AI chip exports to China.
Dig deeper: Beijing will require special export permits for three grades of graphite starting December 1, the Ministry of Commerce and the General Administration of Customs said. Temporary controls on five less sensitive graphite items used in industries such as steel, metallurgy, and chemicals were dropped. The new curbs are "conducive to ensuring the security and stability of the global supply chain, and conducive to better safeguarding national security and interests," the ministry said. It clarified that it was not targeting any particular country. Top buyers of graphite from China include the U.S., South Korea, Japan, and India.
Bigger picture: The U.S. has been targeting China's access to advanced technologies over national security concerns, with the Biden administration issuing rules in Sept. to regulate U.S. investments in China in semiconductors and microelectronics, quantum information technologies, and AI. Beijing has pushed back by leveraging its dominance over certain materials. To note, China is the world's top graphite producer and exporter. It also refines over 90% of the world's graphite into the anode material used in EV batteries - the largest component by weight in such batteries.
Ivan Lam, senior analyst at Counterpoint Research, does not expect a major impact in the near term, as graphite exports haven't been completely banned. But he said the material's prices will likely increase due to supply and demand imbalances, including Russia - which was once a major graphite supplier. CLSA's Christopher Richter said it would be a "bold" step to cut the world off from graphite, as that would likely bring EVs to a halt everywhere and probably escalate tensions between China, the U.S. and Europe.
Mr. Zen
2 년 전
FINALLY, they have been overdue for a couple of months, it was only surface work, I am thinking there is something bigger going on here with these results,
The current mineral resource at the Berkwood Graphite Project includes in-pit constrained resource totaling 1,755,300 tonnes of indicated resources at 17.00 % Cgr and 1,526,400 tonnes in inferred resources at 16.39 % Cgr.
Napkin mathematics::: 1.75 million tons multiply by 17% (mineral content) multiplied by $1,530. per ton (ore value) gives you the value of the discovery in the ground before mining costs. Do the math.
https://greenbatteryminerals.com/green-battery-minerals-samples-9-0m-of-17-02-on-surface-at-zone-6/
Electrification!
2 년 전
You are right about the Mega Factory - GEM's graphite is just up the road from Baie-Comeau.
Northern Graphite and Graphex Technologies Join Forces on Large-Scale Graphite Processing Facility Site Evaluations in Baie-Comeau
Français
January 12, 2023: Northern Graphite Corporation (NGC:TSX-V, NGPHF:OTCQB, FRA:0NG, XSTU:0NG) (the “Company” or “Northern”) and Graphex Technologies LLC, the U.S. subsidiary of Graphex Group Limited (NYSE American: GRFX | HKSE: 6128) (collectively “Graphex”), announce that Graphex will participate in Northern’s previously announced selection process (January 10,2023) for a site suitable for the construction of a large-scale graphite processing facility in the Baie-Comeau region. The plant is planned to supply coated spherical graphite anode material to the EV/battery markets in North America and beyond. On December 21, 2022 Northern and Graphex announced the signing of a non-binding letter of intent to negotiate a joint venture agreement to build a North American mine-to-battery supply chain.
And they would welcome graphite from other produces.
Jan. 10 2023 News Release for Northern.
Hugues Jacquemin, Northern’s CEO commented that, “Downstream processing is capital and energy intensive. It makes little sense for every graphite mine to develop its own capability. Northern intends to build a large-scale center of excellence based on our own production, but the participation of other graphite producers will be welcomed[color=red][/color].” He added, “The supply picture for natural graphite is marked by a significant dependence on China for both graphite mine production and downstream processing. Our proposed plant would solve both issues on an industry-wide scale by providing OEMs and battery makers with a transparent, ESG compliant supply of anode material to meet current and projected demand.”
tcm55
2 년 전
Real news from GBM...
https://greenbatteryminerals.com/news/
Yingling, President and CEO of Green Battery, states, “I am very pleased to announce that we have successfully created graphene-containing Lithium-ion Batteries using graphite from our Berkwood Graphite Quebec property. Graphene-containing LIBs have shown to be far superior to traditional LIB. I am even more excited that we have discovered a proprietary technique with Graphene Star whereby we can build these batteries in an entirely environmentally friendly way without using any chemicals, emissions, pollution or cause waste. A graphene battery is superior on so many points and is better for the environment. The battery itself also costs significantly less to create, which can offer huge savings.
We look forward to the potential joint venture with Graphene Star and developing a next-generation graphene-containing lithium-ion battery.”
Mr. Zen
2 년 전
That is the one thing about Canadian mineral plays, word hits the street in Vancouver and it is a dog pile on a rabbit before the news comes out, SEC regulations around future events in the states are a little tighter than Venture plays in Vancouver.
This should be considered a long term play anyway, at least that is my view, once in production and selling product at $1,100 a ton I would not even hazard a guess at what the share price will be.
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