Tesla secures US graphite supplies with Syrah deal

Tesla has agreed to buy natural graphite from Syrah Resources’ plant in the US, in a deal that will reduce its reliance on Chinese supply of the battery anode material.

The electric vehicle maker will buy 8,000 tonnes of graphite anode material from the company’s Vidalia processing facility in Louisiana for four years at a fixed price once it starts commercial production, Syrah Resources said.

The deal is the first public graphite supply deal between an automaker and graphite producer. It comes as Tesla scales up production of its own battery cells, which are set to be used . . .

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