Automakers are rushing to lock in graphite supply from outside dominant producer China as mined graphite demand for electric vehicle (EV) batteries outpaces other uses.
Below are details of some Western companies producing, or planning to produce graphite, and their deals with auto makers and battery producers.
TIRUPATI GRAPHITE PLC
Launched commercial shipments from its mining operations in Madagascar in March 2023, aiming to ramp up annual capacity to 84,000 metric tons of graphite by the end of 2024.
In April, it completed the acquisition of graphite mine projects in Mozambique and plans to build a processing plant in India.
Tirupati Graphite PLC (LON:TGR) is a fully integrated specialist graphite and graphene producer, with operations in Madagascar and India. The Company is delivering on this strategy by being fully integrated from mine to graphene. Its global multi-location operations include primary mining and processing in Madagascar, hi-tech graphite processing in India to produce specialty graphite, and a state-of-art graphene and technology R&D center to be established in India.