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Advanced Graphite Anode Facility In Washington State
Advanced Graphite Anode Facility In Washington State
VANCOUVER – Graphite One Inc. reported that Washington State is the chosen location for the advanced materials processing plant, which will bring battery anode production to the United States.
“This is a major step towards our 100% U.S.-based advanced graphite supply chain,” said Anthony Huston, President and CEO. “Washington State offers the opportunity for Graphite One to use a green energy source – Washington state hydro – to manufacture a green energy material. That’s core to our commitment at Graphite One to make our project a model of ESG in action.”
With energy being the largest single cost factor in advanced graphite anode production, Washington State hydro power is expected to provide Graphite One a significant advantage in keeping its production costs as low as possible. Washington State’s average 2021 electricity price to all industrial customers was 5.81 cents per KWh, compared to the U.S national average of 7.26 per KWh.
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