TSX:EGZ - Post Discussion
Post by
goodtoreadthis on Nov 09, 2016 2:51pm
Election plus LI and graphite
Election plus LI
Definitely not a fan of Trump but I was quite impressed by his victory speech. He was quite magnanimous to HRC and she deserves our thanks for past work done for all of us. Given the huge pollution problems in both China and INdia, I don't think the election results mean anything to the demand for LI and limitations to pollution. India govt two days ago told people in Delhi to not go outside and children to not go to school - in the daytime the air was totally black.
As I mentioned before I am trying to play the graphite part of the LI-ion batteries along with the LI side with an investment in ENZR and as part of that reading came across the below item which addresses both LI and graphite. 5 million LI-ION battery cars will use a lot of LI and graphite.
It is also true that China is the top market: a new report from New York-based Persistence Market Research confirms China accounts for more than 70% of total graphite production in the world. According to China’s Twelfth Five Year Plan, the government plans to have five million battery-electric vehicles plying its roads by 2020.
Given the need for lithium-ion batteries, the boost in electric vehicles, mobiles, tablets, laptops, and cameras offers huge potential for the growth of Li-ion batteries, and in turn for the demand for graphite. Don’t forget Europe: it is the second largest graphite market in the world. Persistence adds that the growing use of carbon fibre instead of steel in the automotive and aerospace industries in Europe is is leading to increasing demand there for graphite.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.cre&postid=25441588#JgoBQ0ZhV4lwoIcj.99
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