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Syrah Resources to explore supplying graphite to LG Energy Solution

Reuters | October 19, 2022 | 4:51 pm Battery Metals Australia USA Graphite 
Balama Graphite Mine. Source: Syrah Resources Youtube

Australia’s Syrah Resources Ltd said on Thursday it will evaluate supplying natural graphite active anode material (AAM), used in lithium-ion batteries, to South Korea’s LG Energy Solution Ltd.

The miner said its unit has been selected for a grant of up to $220 million by the US Department of Energy, which will be used to finance the potential expansion of Syrah’s Vidalia AAM facility in Louisiana.

(By Upasana Singh; Editing by Shounak Dasgupta)

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