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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":708,"relatedVideos":709},112470938470590,"9f3b77c5-d2db-474e-8449-a83bb5a10ab6","China’s overseas anode expansion could accelerate with SRG graphite deal","chinas-overseas-anode-expansion-accelerates-with-srg-graphite-deal","article/chinas-overseas-anode-expansion-accelerates-with-srg-graphite-deal",{"_uid":547,"date":548,"tags":549,"editor":556,"content":566,"excerpt":684,"featured":51,"reporter":685,"_editable":689,"component":690,"seo_title":543,"categories":691,"visibility":700,"author_company":49,"featured_image":701,"seo_description":684,"author_full_name":49,"author_job_title":49,"formattedDate":706,"formattedArticleDate":707},"29b9d0e8-c7bc-43b3-9be9-55926f300507","2023-08-10 00:00",[550,553],{"slug":551,"name":552},"china","China",{"slug":554,"name":555},"shanshan","Shanshan",[557],{"slug":558,"name":559,"content":560},"didi-bostock","Didi Bostock",{"job_title":561,"image":562,"bio":564,"linkedin":565},"Editor - Energy Transition & Economics",{"filename":563},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":567,"content":568},"doc",[569,576,581,596,601,606,611,618,631,636,641,646,651,656,669,674,679],{"type":570,"attrs":571,"content":572},"paragraph",{"textAlign":49},[573],{"text":574,"type":575},"Tie-ups between Western graphite startups and Chinese anode companies are accelerating, following the investment by a former senior exectuive of Chinese anode giant BTR into Canada’s SRG Mining.","text",{"type":570,"attrs":577,"content":578},{"textAlign":49},[579],{"text":580,"type":575},"Carbon One New Energy Group, a company set up last year by Yue Min, a former BTR senior executive, will own 19.4% of SRG after the C$16.9 million ($12.7 million) deal is approved. The two companies plan to develop the company’s Lola graphite project in Guinea and also build an anode plant to supply Europe and North America.",{"type":570,"attrs":582,"content":583},{"textAlign":49},[584,586,594],{"text":585,"type":575},"The deal is a reflection of the technical expertise Chinese companies have in purifying and coating graphite for use in lithium ion battery",{"text":587,"type":575,"marks":588}," anodes",[589],{"type":590,"attrs":591},"link",{"href":592,"uuid":49,"anchor":49,"target":49,"linktype":593},"https://www.benchmarkminerals.com/price-assessments/anode/portal/","url",{"text":595,"type":575},". Carbon One is backed by BYD, China’s largest electric vehicle producer, as well as venture capital firm Sequoia China.",{"type":570,"attrs":597,"content":598},{"textAlign":49},[599],{"text":600,"type":575},"The company’s 100,000 tonne graphite anode material project in China’s eastern Heilongjiang province started trial production this month. ",{"type":570,"attrs":602,"content":603},{"textAlign":49},[604],{"text":605,"type":575},"Last year Canadian company Graphite One signed an agreement with China’s Sunrise New Energy Material, an anode producer, to “share expertise and technology” for a proposed graphite material manufacturing facility in the US.",{"type":570,"attrs":607,"content":608},{"textAlign":49},[609],{"text":610,"type":575},"Sunrise also has links to China’s Ningbo Shanshan, another large Chinese anode producer. ",{"type":612,"attrs":613,"content":615},"heading",{"level":614,"textAlign":49},4,[616],{"text":617,"type":575},"China’s dominance",{"type":570,"attrs":619,"content":620},{"textAlign":49},[621,623,629],{"text":622,"type":575},"China produces almost all of the world’s graphite anodes, and is projected to still account for over 94% of total global production by the middle of the decade, according to the ",{"text":624,"type":575,"marks":625},"Benchmark Anode Forecast",[626],{"type":590,"attrs":627},{"href":628,"uuid":49,"anchor":49,"target":49,"linktype":593},"https://www.benchmarkminerals.com/forecasts/anode/",{"text":630,"type":575},". ",{"type":570,"attrs":632,"content":633},{"textAlign":49},[634],{"text":635,"type":575},"Carbon One will help SRG develop its Lola graphite project in Guinea as part of a technical cooperation agreement.",{"type":570,"attrs":637,"content":638},{"textAlign":49},[639],{"text":640,"type":575},"Matthieu Bos, chief executive of SRG, told Benchmark the deal was a good model for cooperation with Chinese companies. Bos previously had extensive dealings with China while working for Robert Friedland’s Ivanhoe mines. ",{"type":570,"attrs":642,"content":643},{"textAlign":49},[644],{"text":645,"type":575},"The deal is still subject to approval by the TSX Venture exchange, as well as Chinese regulators.",{"type":612,"attrs":647,"content":648},{"level":614,"textAlign":49},[649],{"text":650,"type":575},"Moving overseas",{"type":570,"attrs":652,"content":653},{"textAlign":49},[654],{"text":655,"type":575},"Chinese anode producers are increasingly investing overseas, in order to benefit from growth in Europe and the US. Tier 1 Chinese anode manufacturers have announced over $1 billion in investments outside China this year, according to Benchmark.",{"type":570,"attrs":657,"content":658},{"textAlign":49},[659,661,667],{"text":660,"type":575},"In May China’s Putailai ",{"text":662,"type":575,"marks":663},"announced",[664],{"type":590,"attrs":665},{"href":666,"uuid":49,"anchor":49,"target":49,"linktype":593},"https://source.benchmarkminerals.com/article/europes-anode-market-set-to-accelerate-with-putailai-talga-plants",{"text":668,"type":575}," plans to carry out the construction of a SEK 15.7bn ($1.45bn) integrated anode production and research facility in Sweden. At 100,000 tpa, the facility will become the largest in Europe.",{"type":570,"attrs":670,"content":671},{"textAlign":49},[672],{"text":673,"type":575},"SRG said the companies will also build a 100,000 tonne a year capacity anode plant “in a mutually agreeable country that has free trade agreements with key European, North American, or both end-markets,” it said.",{"type":570,"attrs":675,"content":676},{"textAlign":49},[677],{"text":678,"type":575},"SRG will own the subsidiary for the anode plant, but Carbon One will provide engineers, intellectual property, as well as construction and operating expertise to produce coated, spheroidized and purified graphite.",{"type":570,"attrs":680,"content":681},{"textAlign":49},[682],{"text":683,"type":575},"Carbon One has a capacity to produce 300,000 tonnes a year of CSPG and owns several natural flake graphite mines. It also has capacity to produce synthetic graphite and silicon based products.  ","Tie-ups between Western graphite startups and Chinese anode companies are accelerating, following the investment by a former senior exectuive of Chinese anode giant BTR into Canada’s SRG Mining. Carbon One New Energy Group, a company set up last year by Yue Min, a former BTR senior executive, will own 19.4% of SRG after the C$16.9 […]",[686],{"slug":558,"name":559,"content":687},{"job_title":561,"image":688,"bio":564,"linkedin":565},{"filename":563},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"29b9d0e8-c7bc-43b3-9be9-55926f300507\", \"id\": \"\"}-->","article",[692,694,697],{"slug":693,"name":261},"anode",{"slug":695,"name":696},"geopolitics","Geopolitics",{"slug":698,"name":699},"graphite","Graphite","private",{"id":49,"alt":702,"name":702,"focus":702,"title":702,"source":702,"filename":703,"copyright":702,"fieldtype":704,"meta_data":705,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/aaa1b5648e/bm-lola-graphite-mine.jpg","asset",{"alt":702,"title":702,"source":702,"copyright":702},"Aug 10, 2023","10th August 2023",[],[],1782119853851]