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Magnis signs offtake agreement with Tesla for anode active materials; N. American production

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Australia-based Magnis Energy Technologies has entered into a binding offtake agreement with Tesla for the supply of anode active materials (AAM) beginning in February 2025 with fixed pricing. Magnis is a vertically integrated lithium-ion battery technology and materials company in the Lithium-ion battery supply chain.

Tanzania 397
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Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

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Graphex has more ethan a decade of commercial experience producing 10,000 metric tons per annum of battery-grade purified spherical graphite at its facility in Heilongjiang Province, China, for the power battery market. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

Australia 170
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Walkabout Resources’ Tanzanian graphite project moves to construction phase

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Australia-based Walkabout Resources, an Africa-focused energy minerals developer, announced that its Tanzania Lindi Jumbo flake graphite project had progressed into the construction phase, with the CRDB-approved Independent Project Manager completing site visits and bulk earthmoving contractor TNR commencing mobilization. Source: Walkabout.

Tanzania 418
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BHP investing US$40M in Kabanga Nickel, US$10 in Lifezone; 2nd tranche of $50M slated for Kabanga

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BHP, a world leading resources company, has invested US$40 million into Kabanga Nickel in Tanzania. Lifezone hydromet is more cost-efficient than smelting, has a significantly lower environmental impact, and will ensure that finished Class 1 battery-grade nickel, copper and cobalt will be produced in Tanzania, Kabanga Nickel said.

Tanzania 243
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Imperium3 New York produces its first full-sized prismatic cells

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iM3NY has an exclusive North American technology license agreement with C4V, a Binghamton, NY-based R&D company with IP/patented technologies in the development and design of environmentally friendly lithium-ion batteries. Magnis aims to become a leading global producer of next-generation green-credentialed Lithium-Ion Battery (LIB) cells.

New York 468
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. Meanwhile, needle coke is being increasingly diverted into the battery market. Batteries underpin growth in natural graphite. ROW still far from developing a spherical graphite supply chain.

Price 207
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Tesla inks deal with Magnis Energy for three-year graphite deal

Teslarati

Tesla has entered a binding offtake agreement with Magnis Energy Technologies, an Australian company that will supply the company with anode active material (AAM) for three years. Active anode material is defined as either graphite or lithium alloyed metals and is suitable for electric vehicle battery applications.

Energy 98