Syrah, Tesla to further extend graphite supply deal deadline
Australia's Syrah Resources said on Monday that it had agreed with Tesla to extend the deadline to tackle an alleged default of their graphite supply agreement for the second time in two months as the miner works to keep its US operations buoyant.
The Elon Musk-led automaker issued a default notice in July after Syrah allegedly failed to deliver conforming active anode material samples from its Louisiana processing facility for Tesla's electric vehicle batteries.
Syrah said the original September 16 deadline, which was initially extended to November 15, had been further pushed to January 16, 2026.
"While Syrah does not accept it is in default under the offtake agreement, the parties have extended the cure date to 16 January 2026," the company said in a statement.
Syrah's 2021 contract with Tesla aimed to supply 8 000 metric tons of graphite anode materials over a four-year period from its Vidalia plant in the US state of Louisiana.
The facility is the only vertically integrated, large-scale anode material producer outside China, helping reduce US dependence on Chinese supplies that dominate the market.
Syrah said under its agreement, Tesla could terminate the offtake agreement if final qualification of the plant's active anode material was not achieved by February 9, 2026.
Tesla did not immediately respond to a Reuters request for comment.
In a separate announcement, Syrah said a subsidiary had received $8.5-million under its United States International Development Finance Corporation loan of $150-million, lending support to its Balama graphite operations in Mozambique that faced operational disruptions last year due to nationwide protests.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...
VISIT SHOWROOM
Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
