By Shelly Kumar
Lomiko Metals Inc. (TSXV:LMR,OTCQX:LMRMF,FSE:DH8B)(“Lomiko”) has recently reviewed three significant storylines from industrial minerals analysts that forecast increased prices in the coming year as supply of graphite from China is suppressed and demand steadily rises.
“When lithium prices tripled in 2015-2016, it brought incredible attention to the junior lithium market. Now that flake
Canada Carbon Inc. (TSXV:CCB) announced the appointment of Dr. Pieter J. Barnard to its board of directors.
GrafTech International Ltd. (NYSE:GTI) announced its results for Q2 2015, commenting that it achieved net sales of $165 million. That’s down 42 percent from the year-ago quarter due to “[l]ower shipment volumes and pricing in both business segments.”
Benzinga reported that Michael F. Gambardella, an analyst at JPMorgan Chase & Co. (NYSE:JPM), has downgraded GrafTech International Ltd. (NYSE:GTI) from neutral to underweight. He also lowered the company’s price target to $6 from $6.50.
Prices for rare earths and some rare earth mining stocks are showing positive price action following China’s crackdown on illegal mines. But is this the beginning of a sustained recovery, or just a temporary blip on the screen? House Mountain Partners founder Chris Berry explores these questions in this interview
Chinese companies that survived government-sanctioned mine closures in Hunan province are still making money, while demand for graphite imported by the United States has fallen.