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The biggest graphite mine in the World is in Mozambique and is owned by Australians and listed on the ASX.Quote:
I don’t know how the numbers for Lithium batteries would stack up here - we would either need to import Graphite or synthesise it from Coal.
It is Syrah (SYR) and Australian Super is the major shareholder.
It really doesn't matter where the product is produced as long as the ownership is Australian. I have shares.
Regards Philip A
Yes, it's a mixture, I know. That's your point about technology coming from here and manufacturing there, I guess, like the Japanese car companies manufacturing in Thailand. Chinese companies are investing in lower cost Asian supplier plants in countries such as Myanmar.
Still, it can be done. Cochlear is an example.
Multinationals see a global world and manufacture where costs are lowest.
If we use our resources to manufacture here, we save a lot of transport costs, so it's about more than just wages.
I read when the Holden Cruze was being made here it was competitive with versions of the same vehicle made overseas.
No one said it was easy, but it is possible if we are determined to make it work.
My mate is the Principal Met there...... an interesting site operating amongst a hive of local corruption and danger.Quote:
Originally Posted by PhilipA
Site security is pretty serious.
Also - did you happen to notice the ironic hypocrisy in your last sentence [emoji846].
Germany has to manufacture and export. Their primary producers can not produce enough food to feed their population.Quote:
Originally Posted by DiscoMick
I wish I could agreeQuote:
Originally Posted by Tombie
Sadly by the time the wheel turns - which will probably be 30-40 years- the "brain drain" will be complete, there will be nowhere near enough teachers, nor technical schools, nor even the land to rebuild schools or factories near population centres. The list goes on. You cant recommence something in the time required to fill the need now that took a quite few generations to establish in the first place.
As an industrial Sales rep in mostly Melbourne for 30 years, the number of factories that I witnessed either going offshore or more commonly going under was mindboggling.
The UK Government has just given JLR a 500 million pound bribe disguised as a loan to keep manufacturing in Britain rather than moving more production to the EU.
Mozambique is only the fifth graphite miner in the world with a mere 23, 000 Metric Tons from the one producing mine with another under construction. China leads with 780,000 MT.Quote:
Originally Posted by PhilipA
No I cannot see your point.Quote:
Also - did you happen to notice the ironic hypocrisy in your last sentence
You think That for example Nestle only produce in Switzerland?
It is one of the problems of Australia that most of our industries are owned by overseas people and the money goes back to their countries.
As A Trade Commissioner for many years I saw what a corrosive influence on exports this could be.
I once heard that a British factory , I think Lever and Kitchen had production problems with lets say OMO.
I suggested that the Australian subsidiary could supply their middle East Markets . I got ignored and shot down quick smart.
I also advised Australian component manufacturers to set up in Thailand as this was the future. They were so short sighted they ignored me and just about all are gone now.
Look at Google and Facebook.
The profile of the future is ownership of the resources and the intellectual property . It doesn't matter where stuff is produced , what matters is where the money goes.
Regards Philip A
[QUOTE][/QUOTEMozambique is only the fifth graphite miner in the world with a mere 23, 000 Metric Tons from the one producing mine with another under construction. China leads with 780,000 MT.
Afraid you figures are bogus mate.
Graphite Produced kt 44(qtr 2 2019) 48 (qtr 1 2019) 21 (qtr 2 2108) (8%) source quarterly report SYR
Those are three quarters for final product (coarse , fine etc)which adds up to 113Ktonnes.
There are many Chinese mines but none as big as SYR.
Regards Philip A
Mozambique could be a massive sovereign risk, if the govt. (present or future) decided to nationalise the mine and sell it to China to pay off debt (entrapment?).