TLGRF - Graphite Miners News For The Month Of March 2024
2024-03-28 06:45:17 ET
Summary
- China flake graphite prices were mixed and generally flat for the month. China’s Jan-Feb graphite exports plunge amid export controls.
- Graphite market news - "forecast by various reputable market research entities of a potential flake graphite shortage to kick in over the next few quarters."
- Graphite company news - Syrah Resources signs Balama binding Offtake with Posco Future M. Black Rock Mining confirms approvals now in place for US$153m in loan facilities.
- Magnis Energy Technologies reports Singapore-based PEY Capital is in an exclusivity period to arrange up to US$320m of funding to develop the Nachu Graphite Project. Nouveau Monde Graphite announces the successful closing of the US$50 million tranche 1 investment by GM and Panasonic.
Welcome to the March edition of the graphite miners news.
March saw flake graphite prices mixed but generally flat.
Graphite price news
During the past 30 days the China graphite flake-194 EXW spot price was down 1.80%. The China graphite flake +195 EXW spot price was up 2.85%. 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 0.27% the past 30 days.
Benchmark Mineral Intelligence 2023 flake graphite and spherical graphite price chart ( source ) ...
Graphite Miners News For The Month Of March 2024