The non-transparent market makes it difficult to predict the future price of graphite. A massive price increase may be the result, according to the Financial Times.
Future e-car projects in danger; Image: Electrek
Australian mining company Syrah Resources is concerned about the future pricing of graphite over the next decade. The reason for this is that the long-term pricing of the raw material is difficult to predict, as companies conclude long-term contracts with raw material suppliers. Thus, it is difficult to predict how expensive graphite will be.
According to the FT report, this could result in future e-car projects being shelved, as banks are hesitant due to the opaque pricing of the raw material. The price of graphite has increased by over 55% compared to Q4 2020.
