Finnish-Swedish forestry firm Stora Enso, battery producer Amperex Technology and other parties have invested $18-million in start-up CarbonScape to commercialise bio-graphite for use in batteries, they said on Tuesday.
"This investment represents a strong statement of support for sustainable sourcing of battery materials for global decarbonisation," said CarbonScape CEOCurrently graphite for the anodes of batteries are sourced from mined natural graphite or synthetic graphite produced from petroleum products. CarbonScape has a pilot facility in Marlborough, New Zealand that produces bio-graphite for customer testing and validation, it said.
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