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Tesla is looking to Australian companies for 8,000 tons of African graphite per year, and the transaction price has not yet been announced

According to the news of the Titanium Media App on January 17, Tesla signed an agreement with Australia's Syrah Resources last month, which operates one of the world's largest graphite mines in southern African countries.

It's a unique partnership between Tesla and a mineral producer that's vital to lithium-ion batteries. At present, the transaction price has not been announced.

Tesla is looking to Australian companies for 8,000 tons of African graphite per year, and the transaction price has not yet been announced

Tesla will buy materials from Syrah Resources' processing plant in Vidalia, Louisiana, where graphite comes from mines in Barama, Mozambique. Under the agreement, Tesla plans to buy 80 percent of the plant's production, 8,000 tons of graphite per year, starting in 2025. Syrah must prove that the materials meet Tesla's standards.

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