Replies to post #723 on Next Graphite Inc. (fka GPNE)

[goforthebet]

how do you know?? interesting so... thanks

[goforthebet]

I would like to know why GPNE/GRAT is going behind the tire industry and not behind the battery market.. anyone? is that a question of quality of the graphite or just a business decision?

https://www.greentechmedia.com/articles/read/china-builds-graphite-megafactories-for-battery-storage#gs.JDtRoGE

The Chinese firms Shanshan Technology, BTR New Energy Materials and LuiMao Graphite (in association with BAIC Automotive Group) are building lithium-ion battery graphite anode megafactories with a total processing capacity of 260,000 metric tons per year.

Hitachi Chemical, in Japan, is planning another facility to process 100,000 metric tons of graphite a year. The increases compare to a total estimated global processing capacity of around 200,000 metric tons at present.

Last year, graphite production amounted to just 100,000 metric tons.

Spot prices for graphite had risen 300 percent since January 2017, hitting $35,000 per metric ton, and demand for tech-grade material was expected to soar 200 percent in under three years, Safehaven said.

The cost of the substance ranges from between $7,000 and $12,000 per metric ton for natural spherical graphite anode material, to between $15,000 and $20,000 per ton for the synthetic equivalent.

This is still way below the $60,000 or so per metric ton being demanded for cobalt, though.

[goforthebet]

yes, 7 is correct.. I forgot about that release..

Possible applications for graphene include tyres, advanced composites, batteries, and much more. The tyre industry is huge. It is estimated that by 2019, 3 billion tyres will be sold globally every year. According to Gratomic, graphene is being tested by 7 major tyre manufacturers with potential demand of >10,000 tonnes p.a.

https://investorintel.com/sectors/technology-metals/technology-metals-intel/gratomic-inc-is-producing-graphite-and-helping-to-advance-the-emerging-graphene-sector/