To: Goose94 who wrote (19398 ) 7/22/2016 7:30:28 AM From: Goose94 Read Replies (1) | Respond to Nouveau Monde (NOU-V) to join graphite rush This market was previously driven by several industrial applications and, in particular, refractories for the global steel industry. That kept graphite prices largely in lockstep with other steelmaking components such as iron ore. Graphite in lithium-ion batteries used to account for only 9% of global graphite demand. But now it represents about 25% of graphite demand and that proportion is expanding rapidly. Suppliers Also Changing According to the U.S. Geological Survey, China is still the dominant supplier. It provides about two-thirds of global production of natural graphite (flake and amorphous). Other major producers and exporters of graphite are North Korea and Brazil. The status quo doesn’t sit well with the up-and-coming users like Tesla. These companies would prefer a more local, greener and more secure supply of natural graphite. Nouveau Monde Nouveau Monde intends to become a leading supplier of flake graphite for North America’s rapidly growing lithium-ion battery market. Benchmark Minerals , makes up about 45% of global supply. This is the type of graphite mainly used in electronic devices and lithium-ion batteries. So it’s just what users like Tesla will be looking for. This type of graphite is sold at differing price levels, depending on the size and purity of the flakes. Prices range from about $2,300 per ton for “jumbo” flakes to about $1,200 per ton for “fine” flakes, which are over 50-mesh and under 100-mesh in size. A “Robust” PEA “robust” preliminary economic assessment investorintel.com
