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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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Benchmark: flake graphite production in Africa set to overtake China this decade

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Africa could overtake China as the world’s largest producer of natural graphite for lithium ion batteries as soon as 2026, according to Benchmark Mineral Intelligence, in a sign of the continent’s growing importance to the electric vehicle supply chain. Graphite mine in Madagascar. of the world’s lithium-ion battery capacity.

Africa 259
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Bass Metals to acquire San Jorge lithium brine project in Argentina

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Along with Bass’ graphite assets in Madagascar, Bass considers the San Jorge project as a logical addition to its asset base and to its strategy to be an integrated supplier of both anode and cathode materials. Bass has exposure to both. —Rick Anthon, Chairman Bass Metals.

Argentina 243
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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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. Just 6% of China’s steel is currently produced in EAF, far below the global average of 25%.

Price 207
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Tirupati Graphite to acquire strategic Mozambique graphite projects from Battery Minerals

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Mozambique is home to commercially significant deposits of graphite; a key determinant of mining opportunities in Mozambique is the global energy transition, which has driven demand for certain minerals needed for electric vehicles and vehicles that rely on hydrogen fuel cells.

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A closer look at graphite—its forms, functions and future in EV batteries

Charged EVs

Graphex is a major global producer and distributor of graphite in its various forms. Now, the graphite that is in those batteries is not treated the same as the graphite that goes into electric vehicles, which is why the highest and best use of graphite really is in EV batteries, because of the processing that we do.

Future 113
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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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Electric vehicles represent a $7 trillion market opportunity between today and 2030, and $46 trillion between today and 2050, according to the new report, “ The Cost of Producing Battery Precursors in the DRC ”, launched at the DRC-Africa Business Forum 2021. We are only at the beginning of the path to achieving net-zero emissions globally.

Africa 221