NVNXF - Graphite Miners News For The Month Of January 2024
2024-01-30 12:27:04 ET
Summary
- China flake graphite prices & spherical graphite prices were very slightly lower the past month.
- Graphite market news - Project Blue forecasts new supply to balance the graphite market in 2024. Fastmarkets forecasts excess graphite supply in 2024.
- Graphite company news - Northern Graphite updated Mineral Resource- potential to extend mine life by at least 8 years. Evion Group begins commissioning at JV expandable graphite facility in India.
- NMG acquires Mason Resources’ Lac Guéret Graphite Deposit/Uatnan Mining Project. Metals Australia sampling program at Lac Rainy produced an averaged 11% Cg across a 36km strike-length.
Welcome to the January edition of the graphite miners news.
January saw flake graphite prices very slightly lower and some analyst's forecasts for a balanced market (others forecast excess supply) year for graphite.
Graphite price news
During the past 30 days the China graphite flake-194 EXW spot price was down 0.38%. The China graphite flake +195 EXW spot price was down 0.40%. Note that 94-97% is considered best suited for use in batteries; it is then upgraded to 99.9% purity to make “spherical” graphite used in Li-ion batteries. The spherical graphite 99.95% min EXW China price was down 0.84% the past 30 days....
Graphite Miners News For The Month Of January 2024