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

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Syrah said that the agreement provides a compelling foundation to proceed with the initial expansion of Vidalia’s production capacity; Syrah plans to make a final investment decision for construction of this expanded facility in January 2022, subject to financing commitments. Balama mine operation in Mozambique.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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It has developed process technology and experience in producing lower carbon intensity, high performance, synthetic graphite targeting the electric vehicle and energy storage sectors. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Emerging economies in Africa can gain significant long-term economic value by quickly setting up projects that support the low-carbon transition with transparent governance frameworks. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.

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