Tesla’s New Deal for EV Battery Material Takes Business Away From China

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Tesla moved to secure a key material for the batteries that power electric vehicles, signing a deal for graphite from a small Australian miner.

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Electric-vehicle leader

Tesla is moving to secure more of the materials needed to make EV batteries. This deal is for graphite—a battery anode material. It isn’t the first battery-supply-related deal Tesla is done. All the deals show how the global battery-supply chain is set to develop in coming years.

Miner

Syrah Resources (SYR….

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