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NextSource Materials has submitted an application to build a downstream battery anode facility to process graphite in the African island nation of Mauritius.
The plant will have capacity to produce 3,600 tonnes of battery-grade graphite a year, increasing to 14,400 tonnes after 2024, according to Graphite will come from the company’s Molo mine in Madagascar and the processed product will be shipped from Port Louis, the country’s capital located in the freeport zone.African-mined graphite could help the car industry meet requirements under Washington’s Inflation Reduction Act, which encourages auto makers to be. The raw material is the primary ingredient used in the production of EV batteries by weight. It amounts to over half of every battery and more than 95% of a battery’s anode.
A Greenpeace report states that coal-fired plants operated by Eskom account for five of the world’s 10 biggest single-source nitrogen-dioxide emission sites.The delay underscores the challenges that companies face as Canada's diamond mines come to the end of their productive lives.
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