NextSource Materials Signs Graphite Fines Supply Agreement With Syrah Resources for Abu Dhabi Anode Facility

Reuters
Mar 02
NextSource Materials Signs Graphite Fines Supply Agreement With Syrah Resources for Abu Dhabi Anode Facility

NextSource Materials Inc. said it signed a binding agreement with Syrah Resources Limited to supply natural graphite fines for its planned battery anode facility in Abu Dhabi. The company expects to source a minimum of about 34,000 tonnes and up to 68,000 tonnes in total over seven years, subject to conditions including the start of commercial production at the facility and successful qualification and approval by NextSource and its downstream offtake customer. Pricing is expected to be set quarterly using an independently reported graphite fines price index, with adjustments for grade and shipping.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextSource Materials Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603020857ACCESSWRNAPR_____1142615) on March 02, 2026, and is solely responsible for the information contained therein.

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