Mining Stocks

GM Inks Deal to Source Synthetic Graphite from Norway’s Vianode

General Motors (GM) has significantly strengthened its electric vehicle (EV) production by partnering with Norway’s Vianode. This multi-billion-dollar agreement will see Vianode supply GM with synthetic graphite, a critical material for lithium-ion batteries. It also aligns with GM’s goals of creating a more sustainable and resilient EV supply chain.

Graphite is an essential component in EV batteries, specifically for the anode, or the negative terminal. It is also one of the heaviest components of the battery, accounting for approximately 40% of the total carbon emissions during battery production. Currently, China dominates the global supply of battery-grade graphite, raising concerns about supply chain reliability and environmental impact.

Countries like the U.S. and members of the European Union (EU) are actively promoting local sources for battery materials to reduce reliance on imports. This has created opportunities for companies like Vianode, which specializes in producing synthetic graphite with a much smaller carbon footprint.

Unlike traditional graphite, which is mined and purified through environmentally harmful processes, Vianode’s synthetic graphite is manufactured with 90% fewer carbon emissions. Additionally, synthetic graphite offers a scalability advantage. Establishing a natural graphite mine can take a decade, while a synthetic graphite plant can be operational within two to three years. These benefits make synthetic graphite a more sustainable and efficient choice for the rapidly growing EV market.

Under this agreement, Vianode will supply synthetic graphite to Ultium Cells, a joint venture between GM and LG Energy Solution. This material will be used in GM’s next-gen EV batteries as well as drive units. Vianode aims to start production at a newly established factory in North America by 2027.  By 2030, the facility is expected to produce enough synthetic graphite for 3 million electric vehicles annually, supporting GM’s ambitious EV production goals.

While the exact location of the factory has not been finalized, Vianode is actively considering sites in Canada. Discussions with both federal and provincial officials suggest Ontario or Quebec as potential locations. The company has already registered a business in Ontario and is hiring for roles in Toronto and Michigan, indicating that a decision may be imminent.

The partnership represents a critical step for GM in reducing its dependence on international suppliers, particularly in China, while also minimizing the environmental impact of its batteries. Vianode’s synthetic graphite not only reduces CO2 emissions but also enhances battery performance, enabling faster charging and longer lifespan.

By investing in sustainable materials and localized production, GM is demonstrating its commitment to innovation and leadership in the EV industry. This collaboration with Vianode is set to reshape the EV supply chain and contribute to a cleaner, more sustainable future for transportation.

The graphite segment in North America is gearing up to be vibrant in the coming years. Firms like Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are making progress in developing graphite-rich properties and once production starts, the supply of natural graphite in the region will significantly increase.

NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Advances New 6.9 MW Solar Project in New York’s Capital District

The renewable energy company has signed a lease agreement for a 6.9 MW DC ground-mounted…

2 days ago

West Vault Mining Inc. (TSX.V: WVM) (OTCQX: WVMDF): Gold Exposure by Holding Nevada Gold Reserves in the Ground

West Vault Mining Inc. (West Vault) has a long-term bullish outlook for gold West Vault…

3 days ago

Copper’s Outlook Remains Strong Despite Recent Volatility

Precious metals have experienced a significant surge in prices these past weeks, driven by rising…

3 days ago

PEA Study for Near-Term Gold Producer LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) to Deliver Support for Restarting Vertically Integrated Abitibi Operation

Gold explorer and near-term producer LaFleur Minerals has hired global environmental consultant firm Environmental Resources…

4 days ago

Gold Inches Towards $4100 as US-China Trade Tensions Heighten

The start of this week saw the prices of silver and gold reach new highs…

4 days ago

Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) Positioned for Growth as AI Data Centers Drive Copper Demand

The next phase of the digital revolution will rely heavily on copper Trilogy Metals is…

6 days ago