Factbox: Few suppliers of synthetic graphite for EV batteries

Elkem ASA

12/09/2023 11:00

Sept 12 (Reuters) - Although synthetic graphite has been
around for more than 100 years, few companies are supplying the
material to makers of electric vehicle batteries and battery
electrodes.
    Here’s a short list of public and private companies engaged
in the development and production of synthetic graphite,
regarded as higher purity and offering better performance, for
EV batteries:

Anovion (USA)
    * Founded: 2022
    * Partners: Forge Nano, American Battery Factory
    * Operations: USA


BTR New Energy Materials (China) 835185.BJE 
    * Founded: 2000
    * Investor: Syrah Resources SYR.AX 
    * Partner: CNGR 300919.SZ 
    * Operations: China, Indonesia


Kuntian New Energy Technology (China)
    * Founded: 2018
    * Investors: Sinopec 600028.SS , SK China, A123 Systems, Eve
Energy 300014.SZ , BTR New Energy Materials 835185.BJE , Svolt
    * Operations: China


Novonix Group (Australia) NVX.AX 
    * Founded: 2012
    * Investor: Phillips 66  PSX.N  
    * Partners: LG Energy Solution 373220.KS , Kore Power
    * Operations: Australia, Canada, USA


Resonac Holdings (Japan) 4004.T 
formerly Showa Denko
    * Founded: 1939
    * Operations: Japan


Shanshan Technology (China) SSHOLG.UL 
    * Founded: 1989
    * Investors: BYD 002594.SZ , CATL 300750.SZ 
    * Partner: BASF  BASFn.DE 
    * Operations: China


Vianode (Norway)
    * Founded: 2020
    * Investors: Elkem ELK.OL , Norsk Hydro  NHY.OL 
    * Operations: Norway


Sources: Felixwire, PitchBook

 (Reporting by Paul Lienert in Detroit; Editing by Timothy
Gardner)
 ((Paul.Lienert@thomsonreuters.com; mobile +1 313-670-2452;))