EAM & Phillips 66 Team Up to Boost U.S. EV Battery Supply Chain
Epsilon Advanced Materials (EAM) and Phillips 66 have teamed up to bolster the U.S. electric vehicle (EV) and energy storage system (ESS) battery supply chain. The alliance will support EAM's new 30,000-tonne graphite active anode material facility in North Carolina, set to commence operations in 2027.
Vikram Handa, EAM's Managing Director, hailed this collaboration as a significant stride towards establishing a secure and sustainable battery materials supply chain for the U.S. The North Carolina plant is planned to double its capacity to 60,000 tonnes by 2030, potentially powering around one million EVs annually.
Phillips 66 will provide Green and Calcined Needle Coke, crucial feedstock for synthetic graphite anodes, from its Lake Charles, Louisiana refinery to EAM. This partnership aligns with Albemarle Corporation's plans to expand anode material production for lithium-ion batteries in the USA to 60,000 tons by 2030.
The alliance between EAM and Phillips 66 is set to strengthen the U.S. EV and ESS battery supply chain. The North Carolina plant's expansion, supported by Phillips 66's feedstock, will significantly increase the domestic production of graphite active anode material, paving the way for more widespread EV adoption.
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