IDTechEx forecasts that graphite will remain the most widely used anode material in Li-ion batteries through the medium term with demand exceeding 2 million tonnes by 2029.
The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore.
The emerging global hydrogen supply chain is essentially “made of platinum,” says Bank of America Global Research commodities strategist Michael Widmer.