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Re: Bayguy post# 3642

Tuesday, 08/22/2023 9:32:08 PM

Tuesday, August 22, 2023 9:32:08 PM

Post# of 3771
Things may be moving faster than we know with $TORVF. What if a major player (household name) agrees to say $20M Financing to get their graphite from North America.......because of this:

Inflation Reduction Act:

EV companies must source at least 50% of their battery components by value in the United States or allied countries beginning in 2024, a percentage that increases to 80% after 2026. By 2029, 100% of battery manufacturing must be in North America.

They ALL need Graphite, and the proprietary Graphite Air Classification process of $TORVF reduces production costs by 90%

And while China has 4% graphite in their ore, Canada has 40%.....so Graphite production will explode.

$TORVF just got a contract to process 27 Tons at $50,000/Ton = $1,350,000.

https://techcrunch.com/2023/08/16/tracking-the-ev-battery-factory-construction-boom-across-north-america/

Z