WTF with RNU: Why the medium-term outlook for graphite looks positive
What is graphite used in? Where is new demand coming from? And what’s causing volatility in the graphite market?
Renascor Resources(ASX:RNU) managing director David Christensen joins the Stockhead TV studio to investigate these questions and more.
“Over the past year we’ve seen Chinese net imports of graphite fall, and we’ve also seen a proliferation of inexpensive synthetic graphite in the Chinese market,” he says.
“This had led to falling graphite prices and it’s really occurred within a market that has seen, more broadly, decreasing pricing across lithium and other battery minerals.
“In the medium term, we’re looking at a potential 300% growth through 2028 and while China has traditionally dominated the supply of graphite, its own demand for the manufacture of lithium-ion battery anodes is growing faster than its own supply.”
Stockhead’s Ashtyn Hiron sits down with Christensen to learn all about graphite and where the market is heading.