Tesla-Syrah graphite deal signals OEMs taking notice of anode supply bottlenecks
Published: Monday, 27 December 2021
Last week’s supply agreement between Tesla and graphite producer Syrah Resources for graphite anode material signals that original equipment manufacturers (OEMs) are starting to notice the need to secure the supply of materials beyond battery cathode components.
Under the agreement, Australia’s Syrah
Resources will supply United States electric vehicles (EVs)
manufacturer Tesla with natural graphite active anode material
from its Vidalia production facility in the US at a fixed price
for four years, starting with the first commercial production
at the site.
Syrah’s share price surged 32%...