EV maker Lucid signs binding agreement to secure graphite from Syrah Resources
Syrah will collaborate with Lucid’s battery suppliers, and Lucid and/or its battery suppliers will purchase about 7 kt of natural graphite material over a three-year term
Syrah Resources Ltd. has signed a multiyear binding supply agreement with US-based electric-car maker Lucid Group for the supply of natural graphite active anode material (AAM) from its vertically integrated AAM production facility in Vidalia, US, Syrah announced Feb. 24.
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