TSXV:FMS - Post Discussion
Post by
goldennorth on Apr 10, 2023 1:27pm
Graphite Demand Is Extremely Impressive
The reality is that the demand for Graphite is extremely impressive.
Benchmark sees demand for graphite over the next decade growing at an annual compound rate of 10.5% but supply will lag, expanding at only 5.7% per annum, despite a trend of supply diversification, particularly new mining projects coming in stream in Africa.
"The total bill for mining, refining, chemicals, battery production and gigafactories came to $3.4 trillion, Tesla said. The biggest mining and refining investments required by Tesla’s plan are needed for lithium ($374 billion) and graphite ($282 billion).
https://source.benchmarkminerals.com/article/teslas-master-plan-may-underestimate-scale-of-mining-investment
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