GREY:ABGPF - Post by User
Post by
vessobon Jun 14, 2016 10:59am
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Post# 24963628
More on the Syrah Off-take Agreement
More on the Syrah Off-take AgreementAttention drawn to points 5 and 6 of the previous write-up:
- Fifth, Credit Suisse believes Marubeni is precluded from selling Syrah’s spherical graphite to Panasonic or Hitachi for subsequent resale to Tesla Motors, which has no visible supply chain for an estimated 30ktpa spherical graphite requirement at its Nevada Gigafactory.
- Sixth, Credit Suisse is uncharacteristically optimistic that “even the most junior graphite explorer can find a potential off-taker to sign an MOU for future graphite supply. The need for secure feed appears highly likely to increase, particularly as growth continues from consumer electronics demand, modest refractory demand and potential emerging demand for expandable graphite as an emerging fire retardant in new construction.”
My prediction has always been that Syrah Resources, wanting a global footprint for providing graphite to the world market, will need to have a local mine in the United States ... ALP seems like the perfect acquisition at this early affordable stage.