Stockrabit · Analysts
Questions across 1 call

Ajas Lakhani

Unifi AMC

HEG Limited

HEG Limited CC-May26.pdf · 2026-05-04
Okay. So, thanks for the chance. So, I wanted to understand that given that needle coke is also being used in batteries, and this is, again, premium or super premium battery-grade material, I want to understand a little bit more about the raw material sourcing and availability and capacities globally. So, one is, could you talk about where do you pr ocure your needle coke from? What is that manufacturer’s capacity? Are they adding capacity? Globally, is needle coke capacity additions taking place? Only to understand broadly that if the demand for needle coke gets repivoted more towards the battery side, what kind of scarcity that could do for decarbonization in the air? That’s broadly what I am trying to understand. Thanks.
Sorry, sir. If I understand the last bit correctly, you said that the needle coke suppliers were not able to sell their desired quantity for the last four, five years?