$CYL doesn’t require subsidies with its very low mining costs and no need for primary processing. #graphite
'Far too dependent on China': trade tensions still hot as graphite producers request tariffs https://t.co/gb6vQTJmJl via @
Great synopsis of the importance of #graphite and investment opportunities in the sector. Add $cyl to the list with our purity, cost, performance and environmental advantages.
No one is paying attention to Graphite
There is 20-30x more #graphite in a lithium-ion battery than actual #lithium (over 100lbs of graphite in the average EV)
Graphite is super important for industrial metals production and even used in nuclear reactors, along with #uranium
Contrary to popular myth (spread by Oil Company and legacy auto disinformation), graphite will need the greatest expansion to drive the low carbon transition👇
Great podcast re #graphite importance, tariffs and challenges in building processing in Alabama.
Why Biden put tariffs on Chinese graphite, and the impact on U.S. industry: @NPR @planetmoney
$cyl $cyl.v https://t.co/4BnoSeLLYi
Volvo Says Users Can Track Source of Battery Metals in Its EVs - The Wall Street Journal
Amazing news for environmentally friendly producers of #graphite, the largest material in batteries, @ceylongraphite $cyl.v https://t.co/XXHSP3Q167
@0xkarasy@ceylongraphite has been telling the world about this incredible opportunity since 2011 when we secured our first asset. The incredible demand now and lack of many non-Chinese alternatives has provided the opportunity to scale this production volume rapidly.
Very comprehensive report by @IEA on critical minerals in the energy transition. Highlights the huge demand growth for #graphite and need for supply outside of #China#energy#mining#lithium#copper
Global Critical Minerals Outlook 2024 – Analysis - IEA https://t.co/6ML4oTlANK
The 25% tariff increase on Chinese graphite provides a further to boost to non-Chinese producers like Ceylon Graphite - which has the purest natural graphite globally.
#graphite $cyl $cyl.v
Biden sharply hikes US tariffs on an array of Chinese imports https://t.co/DQ3G1RRxNN
🧵
Joe Biden has just confirmed he's going to raise the special tariff on electric vehicles coming from China to 100%.
Also new tariffs on batteries and solar panels.
What's going on here?
Here's a quick primer with some charts 👇
A big boost for the ex-China #graphite and #Li-ion battery market. Many more projects will need to reach Final Investment Decision in order to avoid punitive tariffs on US consumed batteries.
This could also harm many #ESS and portable electronics companies - while pushing Chinese cells into Europe…