WWR - Graphite Miners News For The Month Of May 2022

• Flake graphite prices were generally flat over the past month.
• Graphite market news - BMI: There could be a deficit of around 40,000 tonnes of graphite this year. Severe global battery shortage likely post 2025, GlobalData forecasts.
• Nouveau Monde Graphite reports "projections indicate a flake graphite deficit of nearly 2 million tonnes by the end of the decade."
• Graphite company news - Syrah Resources reports strong flake graphite demand, sales up 80% in Q1 2022. Northern Graphite closes acquisition of two graphite mines from Imerys SA.
• Nouveau Monde and Mason Graphite announce strategic investment and conditional option and JV agreement on Lac Guéret Project. Lomiko Metals announces positive results on its initial metallurgical test programs at its La Loutre Graphite Project indicating purity of >99.9% C.

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