Previous close | 0.3360 |
Open | 0.3620 |
Bid | 0.3280 x N/A |
Ask | 0.3700 x N/A |
Day's range | 0.3620 - 0.3720 |
52-week range | 0.1620 - 1.3000 |
Volume | |
Avg. volume | 130 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
When China imposed new export controls on graphite in the name of national security, it inadvertently created a major opportunity for one very unique U.S. graphite player.
As China moved to control some exports of key battery mineral graphite on Friday, miners elsewhere face a race against time to bring new projects to fruition to secure supplies for the next generation of electric vehicles. China will require export permits for some graphite products to protect national security, its commerce ministry said, in its latest move to safeguard supplies of critical minerals and protect its manufacturing dominance. The world's top graphite producer and exporter also refines more than 90% of the material used in virtually all electric vehicles' (EVs) battery anodes, which is the negatively charged portion of a battery.
The first commercial production of graphite in North America could be just 12 months away, a moment that will transform global electric vehicle supply chains forever.