Amid the electric vehicle boom and growing desire from US automakers to reduce reliance on China, battery minerals company Syrah Resources (ASX: SYR) has confirmed significantly lower operating costs to supply graphite from their US facility. The Bankable Feasibility Study (BFS) confirmed the business case for Syrah’s natural graphite Active Anode Material (AAM) production at
Read MoreAmid global interest in Rare Earths following President Trump’s desire to decentralise supply from China which dominates the market, Pensana Rare Earths (ASX: PM8) is preparing to establish a processing facility that would be the world’s first sustainable magnet metal supply chain. Specifically, a new UK facility would integrate Pensana’s Longonjo project in Angola which
Read MoreShares in Piedmont Lithium (ASX, NASDAQ: PLL) have rocketed following confirmation the smallcap lithium explorer has secured Tesla Inc (NASDAQ: TSLA) as a flagship customer under a binding 5-year supply agreement. The agreement will see Piedmont supply spodumene concentrate (SP6) to Tesla from their North Carolina project and represents one-third of their planned 160,000 tonnes
Read MoreTech and artificial intelligence company SenSen Networks (ASX: SNS) is poised to accelerate Australia’s transition towards driverless vehicles having commenced a collaboration with ACE Electric Vehicles Group to push Australia’s manufacturing capabilities. Specialising in smart city technology using multi-camera and multi-sensor data, SenSen already has significant AI on traffic data through their current capabilities which
Read MoreFollowing significant testing on their graphite to confirm its high-quality specifications, BlackEarth Minerals (ASX: BEM) has secured a Tier 1 offtake partner with top European refractory company RHI Magnesita (LSE: RHIM) entering a binding agreement to purchase BlackEarth’s graphite. The Memorandum of Understanding will see BlackEarth work closely with RHIM to produce “tailor-made” graphite concentrate
Read MoreAdoption of electric vehicles could surge if Magnis Energy Technologies (ASX: MNS) is able to deliver on their testing data which can charge an EV battery in just six minutes for what would be a game changer in the global market. Within their Extra Fast Charge (EFC) batteries which were developed by partner – Charge
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