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Syrah Resources signs binding offtake agreement with Tesla for natural graphite active anode material

Green Car Congress

Tesla will offtake the majority of the proposed initial expansion of AAM production capacity at Vidalia at a fixed price for an initial term of four years commencing from the achievement of a commercial production rate, subject to final qualification. Balama mine operation in Mozambique.

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Syrah Resources completes BFS for expansion of US anode material production

Green Car Congress

The BFS confirms that 10ktpa of AAM production can be achieved via expansion of the existing plant and infrastructure within Syrah’s existing 25-acre industrial site. The company suggests AAM spot prices in China are currently US$5,471/t (as of 27 November). 3D model of Vidalia 10kt per annum expansion.

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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

Green Car Congress

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. In Brazil, the company has acquired 2.3 —Darren Woods.

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Tesla supplier sheds light on graphite supply challenge for EV battery manufacturers [Editorial]

Teslarati

The chief executive of Syrah Resources, Shaun Verner, shared a bit about graphite pricing and funding for new projects. Syrah Resources is an Australian company that supplies Tesla from its mine in Mozambique, one of the largest graphite producers. . Graphite prices have declined in recent months compared to the highs in early 2022.

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A closer look at graphite—its forms, functions and future in EV batteries

Charged EVs

Charged recently spoke with Graphex CEO John DeMaio, who gave us an explanation of graphite’s essential function, the current state of the industry, and some trends to watch for the future. Charged : As you know, supply chains are a hot topic in the industry these days. What exactly does graphite do in the anode?

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Report: Chinese Export Rule Changes Could Impact EV Battery Production

The Truth About Cars

Mozambique and Madagascar produce 13 and 8.5 It could even be argued that it further advantages Chinese industries while exacerbating environmental concerns by forcing companies to move countless tons of graphite halfway around the world on container ships. & Prices have come down in terms of the smaller flake graphite since 2011.

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