Australia’s Syrah Resources said it has agreed with Tesla to extend, for the third time, the deadline to fix an alleged breach of their graphite supply deal. The agreement, signed in 2021, involves supplying 8,000 tonnes of graphite a year and is important for Syrah’s Vidalia plant in the U.S. Tesla first raised concerns in July 2025, saying Syrah had not delivered materials that met its standards, though Syrah denies being in default. The new deadline has been pushed to March 16, 2026, pending U.S. government approval, but Tesla can still cancel the deal if the materials fail tests by February 9. Following the news, Syrah’s shares fell to their lowest level in months.
Australia’s Syrah Resources Buys More Time For Tesla Graphite Supply Deal
