Tesla inks deal to get graphite outside of China


Source: newsakmi.com newsakmi.com

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[Cars and Trucks] Tesla inks deal to get graphite outside of China LONDON — [Tesla](//www.autoblog.com/tesla/) is turning to Mozambique for a [key component in its electric car batteries](//apnews.com/article/technology-business-lifestyle-electric-vehicles-19888695c229a7aebbc80d78c20617fb) in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on [China](//www.autoblog.com/tag/china/) for graphite. [Elon Musk’s](//www.autoblog.com/tag/elon+musk/) company signed an agreement last month with [Australia’s](//www.autoblog.com/tag/australia/) Syrah Resources, which operates one of the world’s largest graphite mines in the southern African country. It’s a unique partnership between an [electric vehicle](//www.autoblog.com/electric/) manufacturer and a producer of the mineral that is critical for lithium-ion [batteries](//www.autoblotg.com/tag/battery/) . The value of the deal hasn’t been...