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Vianode to supply synthetic graphite for GM's EVs from
2027 to
2033
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Vianode will supply GM from North American plant
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Vianode says talks underway on plant location
By Nick Carey
LONDON, Jan 15 (Reuters) - General Motors ( GM ) has
signed a multi-year, multi-billion dollar agreement for Norway's
Vianode to provide the U.S. automaker with synthetic graphite
anode materials for its electric vehicle batteries, the
companies said on Wednesday.
The synthetic graphite will be used for EV batteries made by
the Ultium Cells joint venture between GM and LG Energy Solution
.
The deal will run from 2027 when Vianode launches production
at a plant in North America, through to 2033.
"This project will help advance our battery technology and
drive greater value to our customers," Jeff Morrison, GM's
senior vice president of global purchasing and supply chain,
said in a statement.
China controls 95% of the global supply of graphite, which
is vital for EV battery production. This has left western
automakers and governments striving to develop alternative
sources.
"The entire EV ecosystem depends upon the import of one
critical mineral," Vianode CEO Burkhard Straube told Reuters.
"What General Motors ( GM ) wants and we want is a resilient supply
chain for North America."
Straube said Vianode's plant will be either in the United
States or Canada, close to GM and LG's battery production, but
added he could not disclose a location as negotiations with
partners and governments are ongoing.
In its first planned phase, the plant should produce around
80,000 tons of synthetic graphite annually by 2030, or enough to
supply around 1.5 million EVs. Vianode already has a production
plant in operation in Herøya, Norway.
The company is in talks to supply other automakers, Straube
said.
Vianode's synthetic anode graphite has a 90% lower CO2
footprint than conventional production methods and Straube said
his company can scale up faster than a mining operation.
"The EV industry is still growing and exploring a new mine
takes a decade, maybe longer," Straube said. "With synthetic
graphite, you can build another plant in two or three years."