News 👉 China has imposed quota on flaky graphite & synthetic graphite exports
Reaction 👉 HEG & Graphite India +25%-30% in few sessions
Incred fact check
1️⃣ Graphite electrodes for EAFs (Electric Arc Furnaces) are manufactured from needle coke, not directly from graphite itself
2️⃣ HEG neither mines natural graphite nor produces synthetic graphite for use in EV batteries
3️⃣ HEG proposed establishing a plant for synthetic graphite production which is a few years away
Reaction 👉 HEG & Graphite India +25%-30% in few sessions
Incred fact check
1️⃣ Graphite electrodes for EAFs (Electric Arc Furnaces) are manufactured from needle coke, not directly from graphite itself
2️⃣ HEG neither mines natural graphite nor produces synthetic graphite for use in EV batteries
3️⃣ HEG proposed establishing a plant for synthetic graphite production which is a few years away