Lithium X (LIX)

[proteinspike]

Spherical Graphite Market

Initially, -100 US mesh natural graphite is milled to produce spherules before being chemically purified to over 99.95% carbon to produce uncoated spherical graphite.
Typically, two to three tonnes of feedstock is required to produce one ton of spherical graphite. The by product of the process yields high quality carbon additives that are used in the steel making.

Currently China dominates the uncoated spherical graphite market (90%). And Japan dominates the coated portion of the spherical graphite market, purchasing 100% of their uncoated material from China.

But Elon wants all of the minerals and metals to come from N. America. As it turns out A Eagle Graphite (EGA) in BC produces -100 mesh and -150 mesh flake graphite.

Benchmark Mineral Intelligence is forecasting demand in spherical graphite for the anode market to increase from 80,000 tpa in 2015 to at least 250,000 tpa by the end of 2020, That's a 200% jump in the next four years as global cell production surges.

What we need are American companies to do the milling and coating.