Green Car Congress

APRIL 20, 2020

executed a Letter of Intent (LOI) with its Japanese offtake partner and a leading Chinese processor of graphite anode material to collaborate on the construction of a value-add, battery anode plant in a jurisdiction that is proximal to the Company’s Molo graphite project in Madagascar. Its EV and HEV automotive anode customers are global and currently supply graphite anode material to the majority of Japanese automotive OEMs. Canada-based NextSource Materials Inc.

Madagascar 80

Madagascar 2020 Chinese 2018 80

Green Car Congress

APRIL 21, 2020

Roskill has so far recorded the closure of 21 operations as a result of the outbreak, including: Vale’s Voisey’s Bay and Glencore’s Sudbury in Canada; Ambatovy in Madagascar; Coral Bay and Taganito in the Philippines; CTT in Morocco. At this time, the loss of supply from these closures amounted to more than 1% of the total mine supply in 2019.

2020 81

2020 Morocco Madagascar Tanzania 81

Green Car Congress

NOVEMBER 6, 2020

Underpinned by the huge demand for cobalt feedstocks from the battery sector versus relatively tight supply, the cobalt metal price climbed from below US$15/lb in 2016 to a ten-year high of US$43/lb in Q2 2018. High metal prices and hydroxide payables in turn led to an enormous supply response from producers in the DRC, including artisanal producers. New supply from sizable producers like Katanga Mining, coupled with swing artisanal production, put the market into oversupply.

2020 81

2020 Madagascar Africa 2019 81

Green Car Congress

MAY 18, 2018

The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. The growing demand for spherical graphite has injected life into natural graphite supply chain development in the rest-of-world (ROW). Developers can supply their larger flake sizes to refractories, which remain the largest market for flake graphite by tonnage, but one which is growing slowly thanks to China’s weak crude steel growth rate.

2018 73

2018 Mozambique Namibia Malawi 73