SRHYY - LG Energy Solution join hands with Syrah to evaluate natural graphite anode material in North America

• LG Energy Solution has signed a non-binding Memorandum of Understanding with Syrah Resources Limited ( OTCPK:SYAAF ) on partnering to evaluate natural graphite anode material.
• Per the terms, LGES and Syrah will test and verify the natural graphite from Syrah's Vidalia production facility in Louisiana, U.S., which is scheduled to start production in 2023.
• The companies will ensure that the products satisfy LGES's technical requirements for natural graphite, and commit efforts to determine the final product specifications by the end of 2023.
• The company continues to boost competitiveness and stability of its critical mineral supply chain in North America through a series of partnerships
• The annual procurement targets for natural graphite will begin at 2,000 metric tons in 2025 and continuously increase in the upcoming years.

For further details see: