Queensland Launches Graphite-to-Anode Plant as Global Supply Grows
Queensland has commissioned its first graphite-to-anode facility in Townsville, operated by Graphinex, which processes graphite from the Esmeralda project for international markets. The project, supported by a $1.3bn Letter of Interest from the US Export-Import Bank, is expected to create over 200 jobs and aligns with the US–Australia Critical Minerals Framework. Global graphite production is projected to rise significantly, with China's share declining and Australia's increasing.
Topics: battery anode government support graphite production international trade mining supply chain