article thumbnail

Tirupati Graphite opens second mine in Madagascar at Vatomina Project

Green Car Congress

Tirupati Graphite plc, a fully integrated specialist graphite producer and graphene developer with operations in Madagascar and India, has opened its second mine in Madagascar at the Vatomina Project, where it remains on track to start commissioning the first 9,000 tpa processing plant in Q2 2021.

article thumbnail

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.

article thumbnail

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

Green Car Congress

Benchmark forecasts Africa to increase its share of global graphite production from 15% in 2021 to 40% in 2026. The increased supply from Africa could help diversify global battery supply chains, if processing capacity is built outside of China. Graphite mine in Madagascar. of the world’s lithium-ion battery capacity.

Africa 259
article thumbnail

Bass Metals to acquire San Jorge lithium brine project in Argentina

Green Car Congress

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
article thumbnail

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

Green Car Congress

Roskill forecasts that global sales of EVs and hybrid vehicles will increase rapidly in the coming years and could account for 69% of all motor vehicle sales by 2027. Just 6% of China’s steel is currently produced in EAF, far below the global average of 25%. Rising flake graphite prices spur new development outside of China.

Price 207
article thumbnail

Tirupati Graphite to acquire strategic Mozambique graphite projects from Battery Minerals

Green Car Congress

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.

article thumbnail

Roskill: Cobalt demand to grow steadily over the next decade

Green Car Congress

The solid growth in cobalt market was, however, disrupted by the COVID-19 pandemic which has impacted the global economy and other commodity markets in an unprecedented way. Consequently, prices started to retreat from mid-2018 and fell to a three-year low of $13/lb in July 2019.