Today’s Powder Metallurgy NR,
I think todays NR only describes one segment of interest and testing, from within one of the graphite sector(s), from within the total $13B Graphite market.
“The PM market is estimated to be worth US$24 Billion (~1.5Mt) annually of which the graphite portion is estimated to be US$200 Million (~20,000t) annually and growing at ~5% CAGR. Production of metal powders is practiced throughout the major industrial regions of the world with the largest market (at 80%) in the production of automotive PM parts.”ZEN NR 19/05/2015
Just imo, this auto pm parts segment (metal powders), sounds like only part of or a small segment of the specialty shapes sector.
The Met Powders Graphite Market is much larger than what is being described today.
Synthetic Graphite Blocks (Synthetic Specialty Graphite Shapes) is a $1B usd Graphite Sector or 8% of the Total Graphite Market.
The other “Powder Metallurgy Sector” (Natural and Synthetic Graphite Powders) is also a $1B usd Graphite Sector and another 8% of the Total Graphite Market.
Todays nr targets testing from one segment ($200M value of Graphite in Auto PM parts) of a much larger sector(s), and as a whole, the powder graphite market value is x10 and in order of $2B (Total Graphite Market $13B, Mar 2012, Asbury see link)
http://www.tremcenter.org/index.php?option=com_attachments&task=download&id=56
How about, the first clue into an off-take arrangement, this Met Powders release. “20,000t at $200M”. I know with Met Powders production planned at 25-30%, Total production would need be in order of 70 ktpa. Valuation just sky-rocketed! Maybe not, but it is a confirmation on Met Powder pricing, us$10k/t.
Cheers, Mark
