Green Car Congress

SEPTEMBER 12, 2023

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

Mozambique 186

Mozambique Financing Legal Louisiana 186

Green Car Congress

OCTOBER 20, 2022

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The project will build a new plant in Chattanooga to produce 30,000 metric tons per year of graphite targeted at the electric vehicle industry.

Parts 459

Parts Batteries Battery Lithium Ion 459

Teslarati

NOVEMBER 21, 2022

Graphite is an essential part of a lithium-ion battery. There are many challenges that EV battery manufacturers might face in the graphite market as electric vehicle demand continues to rise. Graphite is often an overlooked essential mineral when people think of EV batteries.

Supplies 98

Supplies Manufacturer Light Mozambique 98

Green Car Congress

NOVEMBER 29, 2021

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

Africa 221

Africa Supplies Emissions Poland 221