Australia's Magnis in deal with Tesla to supply graphite for electric vehicle batteries

United States News News

Australia's Magnis in deal with Tesla to supply graphite for electric vehicle batteries
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Australia's graphite developer Magnis Energy on Tuesday said it has signed a binding offtake deal with Tesla Inc to supply battery anode materials for a minimum three-year term beginning February 2025.

The deal comes while automakers race to secure the supply of critical minerals as the world shifts to decarbonise and diversify global supply chains away from China, the world's biggest producer of electric vehicle batteries.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australian hydrogen offers massive potential - MCAAustralian hydrogen offers massive potential - MCAA new report by the Minerals Council of Australia (MCA) has found that Australia had the potential to be a significant provider of clean hydrogen, and could potentially be a leader in clean ammonia. MCA CEO Tania Constable noted that with substantial carbon capture, utilisation and storage (CCUS) sites in Victoria and Queensland, competitive and accessible coal reserves, natural gas and significant renewable energy generation capacity, Australia is well placed to meet growing international and domestic demand for this important fuel.
Read more »

Ousted Tesla cofounder Martin Eberhard sounds off in wide-ranging interviewOusted Tesla cofounder Martin Eberhard sounds off in wide-ranging interviewWhile Elon Musk is sometimes referred to as the founder of Tesla, Martin Eberhard cofounded Tesla in 2003 with his friend Marc Tarpenning.
Read more »

Tesla driver killed after plowing into firetruck on freewayTesla driver killed after plowing into firetruck on freewayFire officials in Northern California say a Tesla driver was killed and a passenger was critically injured when the car plowed into a firetruck that was parked on a freeway
Read more »

Tesla Crashes Into Firetruck in Fatal AccidentTesla Crashes Into Firetruck in Fatal AccidentA Tesla driver in California died early Saturday after crashing into a firetruck on an interstate. U.S. regulators have been scrutinizing Tesla crashes with stationary emergency vehicles.
Read more »

Tesla driver killed after plowing into firetruck on freewayTesla driver killed after plowing into firetruck on freewayA Tesla driver was killed and a passenger was critically injured Saturday when the car plowed into a fire truck that was parked on a Northern California freeway to shield a crew clearing another accident, fire officials said.
Read more »

Walnut Creek: Tesla driver dies after crashing into Contra Costa fire truckWalnut Creek: Tesla driver dies after crashing into Contra Costa fire truckA passenger was also injured when a wayward Tesla hit a fire engine responding to a previous crash near an Interstate 680 offramp early Saturday.
Read more »



Render Time: 2025-03-09 20:50:58