TACC Ltd Signs MoU for Anode Material Supply

TACC Limited, a wholly owned subsidiary of HEG Advanced Materials Ltd, has signed a non-binding Memorandum of Understanding (MoU) with a global lithium-ion cell manufacturer. The MoU outlines a proposed long-term supply of up to 40,000 tonnes of synthetic graphite-based Anode Active Material (AAM) for electric mobility applications. The collaboration also includes exploring research and custom development of next-generation battery materials for faster charging and higher energy density. This agreement signifies a significant step for TACC in the global energy transition and aims to build a resilient battery materials value chain.