Blockchain Registration Transaction Record

Graphite One Enters Landmark Supply Agreement with Lucid Group for Anode Active Materials

Graphite One Inc. (GPH:TSX-V) enters into a landmark supply agreement with Lucid Group Inc. (LCID:NASDAQ) for anode active materials (AAM), marking a significant milestone in the U.S. graphite industry and signaling a shift towards a secure 100% U.S.-based supply chain for natural and synthetic graphite.

This news matters as it marks a significant milestone in the U.S. graphite industry, signaling a shift towards a secure 100% U.S.-based supply chain for natural and synthetic graphite. The collaboration also has broader implications for the U.S. EV industry and national security, as it aims to reduce dependency on imported graphite and meet the increasing demand for advanced graphite materials in lithium-ion EV batteries and energy storage systems.