Critical Reagents Processing Corp (GRXXF)

[StockBro75]

"In a recent interview with the Investing News Network, Eagle Graphite (TSXV:EGA) CEO Jamie Deith said graphite supply has been unable to keep up with “a global resurgence of steel production” in 2017.

Deith said he was informed by a Chinese supplier that “they may have absolutely no graphite available at any price for some of the standard grades. At the same time, Eagle Graphite is being approached by Chinese graphite buyers who can no longer meet their needs with domestic supply, and they think the Chinese government has made it too difficult to produce graphite in ‘the traditional way.'”

He continued, “requests to send Canadian graphite to China were unthinkable in the past, so I would say this is emblematic of change in the market.”

In the 90s the Chinese so dominated the market with graphite supply that they basically put the Canadian graphite industry out of business.

NOW THE TABLE HAS TURNED!

Now China is begging Canada for graphite. Time to invest in Canadian graphite friends. $GRXXF