Post by
MaterialsMan on Jan 05, 2023 11:11am
NMG vs SYR
Nouveau certainly seems headed in the right direction, however it seems that Syrah has a huge headstart. SYR's MC is about 3x that of NMG, at a much lower entry level if that appeals to anyone.
Of course that means Syrah has a lot more shares out. I studied the graphite and the natural graphite anode market potential pretty carefully and some time back decided on Syrah. Since then, a couple of U.S. gov't entities have come out with significant financial incentives backing Syrah's anode materials facility in LA. Their source of graphite is suited for this mkt, and has a 50 year mine life. What's not to like? Anode material production and sales are on the very near horizon. Their raw material market is close to Asia,and they are shipping whatever the messed up supply chain has allowed to now. In their last report, transport availability was beginning to free up. That should become evident in their year end quarter bottom line. These seem to be the only two significant North American players in this market which some expect will become very significant in the scheme of things. Lithium is and has been the headline grabber, but there is more graphite used in an EV battery than any other element
as far as I know.