NextSource partners to build battery anode plant

Canadian-based NextSource Materials, which is developing its large flake graphite project in Madagascar, is teaming up with a prominent Japanese trading company and its Chinese partner to build a battery anode plant, that should be ready for commissioning in the fourth quarter of 2022.Asian Metal Copyright NextSource did not identify its partners by name.Asian Metal Copyright NextSource did not identify its partners by name.

"With our Molo project fully financed and commissioning of the Molo mine expected in March of the next year, this partnership fulfills our strategy of having upstream integration supporting the battery anode facility at any scale the market may require," the company said.

NextSource will source the funds for the battery anode facility and will wholly own and operate it once constructed.
.Asian Metal Copyright "With our Molo project fully financed and commissioning of the Molo mine expected in March of the next year, this partnership fulfills our strategy of having upstream integration supporting the battery anode facility at any scale the market may require," the company saidAsian Metal Copyright