Green Car Congress
SEPTEMBER 12, 2023
The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.
Green Car Congress
JULY 28, 2022
million loan to Australia-based Syrah Technologies LLC for the expansion of its Syrah Vidalia Facility in Louisiana—a processing facility that produces graphite-based active anode material (AAM), a critical material used in lithium-ion batteries for electric vehicles (EVs) and other clean energy technologies. Earlier post.).
Green Car Congress
MARCH 4, 2021
The supply of flake graphite is concentrated primarily in China and Mozambique, with Brazil, North Korea, Canada and India accounting for nearly all of the remainder of production. Flake graphite accounts for approximately 40% of global natural graphite supply.
Teslarati
FEBRUARY 19, 2024
The deal between Panasonic and Novonix was also for a supply of graphite for electric vehicle (EV) battery production. One of the locations the US-based automaker considered was Balama, Mozambique—one of the world’s largest graphite mines. In 2022, Tesla started looking for battery material sources outside of China.
Green Car Congress
OCTOBER 20, 2022
billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The US Department of Energy (DOE) is awarding a combined $2.8 Earlier post.) Of that, $1.6
Green Car Congress
NOVEMBER 20, 2014
Australia-based Syrah Resources has successfully produced uncoated battery grade spherical graphite, using natural flake graphite from its Balama Graphite & Vanadium Project in Mozambique. The International Energy Agency (IEA) 2013 has forecast annual sales of electric vehicles (EVs) of nearly 6 million units by 2020.
Teslarati
APRIL 18, 2022
Syrah plans to use the loan to expand its plant in Vidalia, Louisiana, which produces Active Anode Material (AAM) for electric vehicle batteries. million electric vehicles by 2040. The company transports graphite concentrate from Balama, Mozambique. The move will reduce Tesla’s reliance on China.
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