Magnis signs offtake agreement with Tesla for anode active materials; N. American production
Green Car Congress
FEBRUARY 21, 2023
Under the agreement, Tesla will purchase a minimum of 17,500tpa starting from February 2025 with a maximum of 35,000tpa for a minimum 3-year term at a fixed price. The development of Pilot Plant facilities for both Nachu (Tanzania) Graphite concentrate and AAM has commenced with equipment orders initiated and new hires recently appointed.
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