The material is suitable for use in applications such as fuel cells, lithium-ion batteries, flow batteries and traditional markets.

Although China will likely maintain its dominance for the foreseeable future, other countries are ramping up their mining and refining capacities.

The Canadian miner said it wants to achieve a zero-carbon footprint at both its Phase 1 anode materials plant and its Matawinie graphite project in Québec.

The news follows a $29.5 million investment in NextSource announced in February by Vision Blue Resources.

European automakers are dividing over whether to fight for PHEVs, or spend their financial and political capital accelerating the leap to fully electric vehicles.

Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.

NEO Battery Materials' silicon anodes achieved a highly stable long-term cycling ability.