Resonac Graphite Spain will receive EIB advice in order to accelerate its project to produce synthetic graphite used in electric batteries
Spain, June 23 -- The European Investment Bank (EIB), through its EIB Advisory services, has signed an agreement with Resonac Graphite Spain, a leading company for graphite electrode production, to deliver advice regarding the structuring and financing of its project to produce graphite for batteries.This project, which the company is carrying out at its facility in A Coruña, Spain, aims to produce sustainable graphite for battery anodes used in electric vehicles and energy storage. To achieve this, it will use an innovative process that will reduce the carbon footprint by up to 90% compared to imported graphite.Once the commercial phase is up and running, the plant will help reduce CO2 emissions, lessen the EU's dependence on imported synt...
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