NextSource Materials, a battery materials development company in which Sir Mick Davis' Vision Blue Resources is an investor, said it has entered into a partnership with two companies within the Tesla supply chain.
Toronto, Canada-based NextSource, which is developing the Molo graphite mine, added that it has finalized a binding agreement to construct and operate a battery anode facility to produce spheronized and purified graphite (SPG) used in lithium-ion batteries for electric vehicle and hybrid vehicle applications.The partnership positions NextSource to become a significant strategic supplier of battery anode material for EVs, providing a fully integrated...