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Tesla Signs Deal With Australian Mining Firm Syrah To Secure Supplies Of Graphite For Lithium-ion Batteries, Move Seen As Bid To Reduce Chinese Dependence

January 16, 2022
Source: swarajyamag.com swarajyamag.com
News Snapshot:
Tesla Signs Deal With Australian Mining Firm Syrah To Secure Supplies Of Graphite For Lithium-ion Batteries, Move Seen As Bid To Reduce Chinese Dependence [India Infrahub] - Jan 16, 2022 12:46 PM Snapshot In a bid to reduce dependence on China for critical raw materials for its lithium-ion batteries (LiB), US electric vehicle maker Tesla has signed an agreement with Australia’s Syrah Resources to supply natural graphite. China currently accounts for 79 percent of the production of lithium-ion cells, and 80% of the chemicals used in lithium-ion batteries. It holds a 55 to 60 percent volume share in the global...
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Tags: advertising | agreement | battery | bid | Brazil | Business | business model | charging | China | Chinese | content | electric vehicle | energy | facility | HERE | India | IT | lithium | media | Mozambique | plant | production | quality | Tesla | Xinjiang

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