Syrah Resources, Tesla ink deal on graphite supply
Published: Thursday, 23 December 2021
Australia-based graphite miner Syrah Resources has signed an agreement with Tesla to supply the electric vehicle (EV) producer with natural graphite active anode material from its Vidalia production facility in the United States, the former said on Thursday December 23.
Under the agreement, Syrah will supply Tesla with a majority
of the output from its proposed expansion of Vidalia at a fixed
price for four years, starting with the first commercial
production at the site.
The agreement comes with an option for Tesla to buy additional
volumes from Vidalia, subject...