Bullboard - Stock Discussion Forum Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s): NMG

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret... see more

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Nouveau Monde Graphite Inc > Price Wars

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Post by youknowwhat on Apr 04, 2024 9:14am

Price Wars

The average price for spherical graphite, which is used in batteries, exported from China was $1,990 per metric ton in December 2023, a 48.1% drop from a year earlier, S&P Global Market Intelligence data shows. Graphite producers told Commodity Insights in August 2023 that North American product would require a premium of about 30% to 50% as producers pay off capital costs and deal with higher operating costs.

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/battery-makers-graphite-producers-clash-over-tariffs-on-chinese-supply-81016370

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