SGL Carbon receives USD51.3 million funding to develop graphite anode materials

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Project that will run through 2028 aims to also establish a closed cycle for this cell component

SGL Carbon, a supplier of graphite and carbon products, has received a funding worth EUR42.9 million (USD51.3 million) for the development and industrialization of innovative anode materials made of synthetic graphite for use in lithium-ion (Li-ion) batteries, the company announced in a press release on 10 March 2021

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