Graphite One Resources (TSE:GPH) has released an update.
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Graphite One Resources has announced a landmark non-binding supply agreement with Lucid Group to provide synthetic graphite for electric vehicle batteries, marking a crucial step towards a self-reliant U.S. supply chain. The agreement positions Graphite One to start generating revenue by 2027 with plans for a production facility in Ohio. The collaboration with Lucid highlights a shared commitment to sustainable vehicle transition and technological leadership in the global EV market.
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