RE:RE:RE:RE:But the odds of hitting .07 a shareSTAX only implies that it will cost way less to make it 'battery ready'. In China they waste 30% to 40% of the graphite to make it spheroidal. GPH won't lose as much and won't need to process it so it will sell for much more.
Battery-grade graphite requires very high purity levels, typically >99.9% carbon-as-graphite (Cg). This material also needs to be spheroidized using careful processes that convert the flat graphite flakes into potato-like shapes, which pack much more efficiently into a given space. The high purity levels and the enhanced "tapping" density (to >0.9 kg/m3) are important for producing the high electrical conductivity that is required during anode operation.
Spheroidizing the graphite flakes also reduces their size, a process known as micronization. Standard battery-grade materials require an average diameter of approximately 10-30 μm, so in theory, feedstock materials with flake sizes greater than 30 μm (+400 mesh) could be used. However, starting purity levels tend to decrease with flake size, so flake material with an average diameter of 150 μm (+150 mesh) or greater is typically used. This is, of course, a double-edged sword, since the larger the flakes used, the more energy will be required to reduce the average size of the flakes to the desired 10-30 μm. Smaller particles are preferred, as this makes it easier for the lithium ions in the electrolyte to diffuse between graphite particles.
Read more from here. It is very important to take that into account and that's why GPH has postponed the PEA to include cost reduction due to STAX.
Read more here
https://www.techmetalsresearch.com/2014/03/going-natural-the-solution-to-teslas-graphite-problem/