We definitely need clarification on this 7% market penetration in 2017, as Roskill figures state "High purity graphite accounted for around 60-70% of the 2.4Mt of total synthetic and natural graphite consumption in 2012" 7% of the lowest figure is over 100kt and that's in 2012 easily add 20% for 2017, so we need to know why the huge differential. With various gigafactories being set up to mass produce Li-Ion batteries and Tesla coming online by 2017 (which alone will be consuming 80–126 Kt of domestic "clean" tech natural graphite of the highest grade a year) 30,000 tons sounds ridiculously low.
The numbers don't add up and I hope the complete PEA report will explain them to everyones satisfaction.
