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The Street
The Street
By Tony Owusu Elon Musk’s company made a deal to obtain, graphite, an important component in the production of lithium ion batteries, from Mozambique. Tesla (TSLA) – Get Tesla Inc Report is setting up a potential plan-B for the graphite it needs to produce its batteries thanks to a partnership with Australia’s Syrah Resources. Tesla and Syrah signed an offtake agreement in December with Syrah supplying Tesla’s natural graphite Active Anode Material from the company’s production facility in Vidalia, Louisiana. That plant will process natural graphite concentrate shipped from the Syrah’s Balama …