https://www.miningweekly.com

Syrah signs sales agreement with China-based battery manufacturer

4th December 2017

By: Samantha Herbst

Creamer Media Deputy Editor

     

Font size: - +

JOHANNESBURG (miningweekly.com) – ASX-listed graphite developer Syrah Resources has signed a binding sales agreement with China-based Zhanjiang Juxin New Energy materials for 20 000 t of natural graphite from Syrah’s Mozambique-based Balama operation, in 2018.

“This contract represents another significant import of Balama graphite into the leading geographic market for natural graphite,” said Syrah MD and CEO Shaun Venter in an update on Monday. He added that the company’s agreement with Zhanjiang Juxin illustrates the demand for Syrah’s natural graphite as a baseload material for battery anode applications.

Venter also noted that Balama, with a 2018 target production of 160 000 t to 180 000 t, was the only major graphite project currently commissioning and moving into operations

“This places Syrah in a strong position to respond to the demand from growth in electric vehicle and energy storage markets. We look forward to a long-term association with Zhanjian Juxin,” he concluded.

Based in China’s Guangdon Province, Zhanjian Juxin specialises in the production of spherical graphite and anode material for lithium-ion batteries. Its products, for which it has intellectual property rights, are sold domestically and exported to international markets.

Edited by Creamer Media Reporter

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.146 0.186s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: