While there is a need for 200,000 tonnes of graphite to meet demand, the current US supply capability is zero. 

Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024.

ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel.

The government is expected to auction a newly found lithium blocks, with estimated reserves of 5.9 million tonnes, later this year.

Discrepancy comes from how Canadian subsidies may affect the company’s tax treatment compared to American incentives under the Inflation Reduction Act.

Edgard Kagan, a career diplomat, told his Senate confirmation hearing that developing new sources for critical minerals was a very high priority.

The MoU comes as the EU and South America's Mercosur bloc push towards finalizing a trade deal.

An updated resource adds more than 24 million tonnes of contained metal.