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NextSource Materials to collaborate on battery anode plant in Madagascar with Japanese and Chinese partners

Green Car Congress

executed a Letter of Intent (LOI) with its Japanese offtake partner and a leading Chinese processor of graphite anode material to collaborate on the construction of a value-add, battery anode plant in a jurisdiction that is proximal to the Company’s Molo graphite project in Madagascar. Canada-based NextSource Materials Inc. Mt at 7.02%C.

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

Green Car Congress

At the same time, consumption of graphite electrodes in electric arc furnaces (EAFs) began to rise as the Chinese government took steps to halt production of poor quality induction furnace steel. Chinese exports of scrap steel increased from around 1,000 t in 2016 to 2.2 Mt in 2017.

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

Teslarati

Chinese producers quickly increased production after a few months of closures in 2020. Russia, Madagascar, Ukraine, Norway, Canada, India, and Sri Lanka make up the remaining Top 10 countries that produce graphite. The US Geological Survey reported that China accounted for 79% of the world’s graphite mining last year.

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Report: Chinese Export Rule Changes Could Impact EV Battery Production

The Truth About Cars

Starting this month, the Chinese government requires permits for certain graphite products being exported. Mozambique and Madagascar produce 13 and 8.5 China has reportedly decided to place restrictions on exports of graphite, which could spell trouble for American EV manufacturers.

Chinese 95