Critical Reagents Processing Corp (GRXXF)

[Thundercleese]

"The math: 50 GWh or 50,000,000 kWhMultiplied by 1.2 kg of CSPGEqual 60,000,000 kgs of graphite anode material.Multiplied by 2 to account for the 50% yield in producing CSPG from flake graphite.Equal 120,000,000 kgs or 120,000 tonnes of flake graphite.We are not even talking about the other 16 Gigafactories that are either in construction or expansions elsewhere in the world. Once completed these 17 Gigafactories will have a yearly combined potential output of 265 GWh of li-ion batteries and that capacity will be available by 2021, not 2025. When we do the math on 265 GWh, we get 636,000 tonnes of potential new flake graphite demand. Fast forward to 2025, and the UBS forecast of a growth of 1.7x today’s graphite market appears conservative to me."

Basically the world needs a ton more graphite mines.