The plant will be able to produce anode graphite for roughly 20,000 electric vehicles per year by 2024.

Portugal is Europe's biggest lithium producer but its miners sell almost exclusively to the ceramics industry.

In 2021, electric vehicles accounted for less than 5% of sales in the US, below the global rate of nearly 9%.

State was not aggressive as some environmental groups wanted, or Tesla, which urged ending new gas-powered vehicles by 2030.

Funds managed by Nordea have sold their shares in Norway's Nordic Mining due to concerns over the planned handling of residue from the company's mine, financial news website E24 reported on Wednesday, citing a Nordea executive.

California’s largest utility said the fire involved a single Tesla Megapack, and it was working with firefighters to keep the blaze from spreading.

Pilbara Minerals said a buyer will pay the equivalent of $7,708 a tonne for spodumene concentrate delivered to China.