Australia-based graphite miner Syrah Resources has signed two binding offtake agreements with Graphex Technologies, a multinational purified spherical graphite producer, and Westwater Resources, a US-based junior graphite anode producer, the miner said on Thursday August 3

Albemarle has increased its revenue outlook for 2023 partially due to expectations of improving lithium prices, although some analysts expect the lithium market will be oversupplied in upcoming years

Recently approved at the European Parliament, a new legislation that sets rules for batteries used in electric mobility devices is an important policy step to secure supply chains, though not necessarily ground-breaking, according to analysts and market participants

Developments in prevalent battery chemistries and geopolitical moves to onshore key battery raw materials (BRM) supply will likely require significant changes to the manganese sulfate supply chain, Fastmarkets understands

Fastmarkets explores two key emerging battery chemistries and whether they have the ability to alleviate battery material supply challenges

NextSource has begun flake graphite production at its Molo mine in Madagascar ahead of a potential bottleneck in natural and synthetic graphite anode material produced outside of China, executive vice president Brent Nykoliation told Fastmarkets

Much of the focus in the manganese sulfate market is now on the development of a supply chain outside of China, Fastmarkets understands

Sometimes regarded as the “forgotten” battery material, attention towards manganese has increased drastically as participants seek to localize supply chains and ramp up battery production to meet growing demand

The anode market has increasingly shifted focus to synthetic graphite from natural material in response to increased capacity and changing feedstock in China, which dominates the global market. And in response Fastmarkets will start to price assess petroleum needle coke and green petroleum coke on an ex-works China basis

Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe