NextSource secures Syrah graphite for Abu Dhabi anode plant as 2026 buildout advances

NextSource Materials has signed a binding agreement with Syrah Resources to supply natural graphite fines for its planned battery anode facility in Abu Dhabi, adding a second feedstock route as the project moves closer to a final investment decision. The deal, announced March 2, 2026, gives the Canadian battery materials company more flexibility as it builds a facility designed to produce anode active material for lithium-ion batteries.