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

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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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EV Project on Reunion Island

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Renault, EDF, GBH (Groupe Bernard Hayot), Total Réunion, GE Money and the GERRI agency signed a letter of intent on the experimentation of 50 electric vehicles in Reunion Island—La Réunion, one of France’s overseas départments (DOM)—together with battery charge infrastructure powered mainly by renewable energies.

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

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Demand for graphite in battery applications is forecast to grow by 5-8% per year over the decade between 2017 and 2027, depending on the uptake of electric vehicles (EVs) and energy storage—the largest end-use applications for lithium-ion batteries. Other projects are also planned in Austria, Canada, India, Russia and the US.

Price 207