News Snapshot:
Screen-grab from video showing Syrah Resources Balama Graphite Project in Mozambique. Source - Syrah Resources Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite. Elon Musk’s company signed an agreement last month with Australia’s Syrah Resources , which operates one of the world’s largest graphite mines in the southern African country. AutoBlog.com is calling the partnership between the electric car manufacturer and the producer of the mineral critical for lithium-ion batteries rather unique, while the value of the...
