US Graphex Technologies Announce Offtake Agreement With Syrah’s Balama Graphite
Graphex Technologies, a wholly-owned subsidiary of global midstream processor of natural graphite anode material for use in lithium-ion batteries Graphex Group, has entered into an offtake agreement with a wholly-owned subsidiary of graphite and battery anode company Syrah Resources for natural flake graphite from Syrah’s Balama graphite operation, in Mozambique.
“This agreement with Syrah could change the graphite game in North America,” says Graphex Technologies CEO John DeMaio.
“Connecting Syrah’s volume with our proven experience and ongoing build-out of domestic processing capacity in North America represents a giant leap forward in meeting the demand for high-quality, high-volume, US IRA-compliant graphite anode material in the EV and renewable energy industries.
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