Buxton Resources

China’s Ministry of Commerce (MOFCOM) has announced further export controls for #graphite, specifically to the US, which could disrupt American #anode manufacturing. The controls come one year after China first introduced restrictions that required exporters to obtain special licences to export graphite products. Benchmark data indicates that the battery market accounts for 57% of flake graphite demand in 2024. While US anode manufacturing is not the target of the restrictions, the more stringent testing that graphite material will have to pass to be exported will impact the supply chain. Read Benchmark's view on the news ⬇️ https://lnkd.in/e9MdY-hJ

𝗥𝗲𝗰𝗼𝗿𝗱 𝗘𝗩 𝗦𝗮𝗹𝗲𝘀 𝗳𝗼𝗿 𝗧𝗵𝗿𝗲𝗲 𝗖𝗼𝗻𝘀𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗠𝗼𝗻𝘁𝗵𝘀 – 𝟭.𝟴 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗨𝗻𝗶𝘁𝘀 𝗦𝗼𝗹𝗱 𝗶𝗻 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰! 🚗 The global EV market (BEV & PHEV) continues to surge, growing by 25% year-over-year (Jan-Nov 2024 vs Jan-Nov 2023), with 15.2 million units sold as we approach the end of the year! 🌍 𝗘𝘂𝗿𝗼𝗽𝗲: The market remains down 3% YTD, largely due to declining sales in Germany and France. However, the UK remains a bright spot, with OEMs driving growth, supported by the ZEV mandate. ⚡𝗖𝗵𝗶𝗻𝗮: A record month for BEVs, although PHEVs saw a slight dip after five months of consecutive sales growth. 📈𝗨𝗦 & 𝗖𝗮𝗻𝗮𝗱𝗮: Sales remain steady, with a 10% YTD growth. We expect a strong end of the year as consumers take advantage of the tax credit expected to be eliminated after Trump’s inauguration in January 2025.

Via: Mining.com.au #ASX #BUX #Graphite #CriticalMinerals #GraphiteBull

Via: JustStocks #ASX #BUX #Graphite #CriticalMinerals #GraphiteBull

Via: MarketOpen #ASX #BUX #Graphite #CriticalMinerals #GraphiteBull

Via: Grafa Martin Moloney | Sam Wright | Jared Jacob | Straight Lines Consultancy #ASX #BUX #Graphite #CriticalMinerals #GraphiteBull

Via: Mining Hub, Buxton Resources leading the way in today's graphite drilling intercepts! Martin Moloney | Sam Wright | Jared Jacob | Straight Lines Consultancy #ASX #Drilling #Graphite #CriticalMinerals #GraphiteBull

Via: MarketOpen CEO Martin Moloney discusses the key details and the latest assay results from the Graphite Bull project. #ASX #BUX #Graphite #CriticalMinerals #GraphiteBull

At Buxton Resources, we are pleased to announce a pivotal update from our Graphite Bull Project. The recent assays from the 2024 drilling program have confirmed shallow, high-grade intersections, such as 50m at 24.9% TGC and 10m at 37.3% TGC, further solidifying the project's potential. This marks a significant step forward in our efforts to establish Graphite Bull as a leading resource in the rapidly expanding battery materials sector. With mineralisation starting at the surface and extending over a 1,500m strike length, the project demonstrates excellent prospects for economic extraction through open-pit methods. Additionally, a 750kg bulk sample is now undergoing qualification test work with BTR, a global leader in anode materials. These results, expected in early February 2025, will play a crucial role in shaping our strategy and positioning Graphite Bull to meet the soaring global demand for lithium-ion battery materials. As we finalise a resource upgrade by early next year, these developments underline the project's immense potential in delivering critical materials for a sustainable energy future. Martin Moloney Sam Wright Jared Jacob #BuxtonResources #BUX #Graphite #GraphiteBull

Via: MarketOpen