NextSource Materials Executes Letter of Intent with One of the Major Japanese Anode Processors to Supply EV Anode Material to OEMs

Core Viewpoint - NextSource Materials Inc. has signed a letter of intent with a major Japanese anode material producer for a potential long-term supply of anode active materials for electric vehicle batteries [1] Group 1: Company Developments - The company has previously announced a binding, multi-year offtake agreement with Mitsubishi Chemical Corp. to supply 9,000 tonnes per annum of anode active materials to a major OEM for its North American electric vehicle operations [1]