Australia’s Syrah, Tesla Extend Deadline to Resolve Alleged Default in Graphite Supply Deal

The deadline to resolve a dispute over their graphite supply deal has been extended until June 1, as agreed by Syrah Resources and Tesla. Tesla had earlier claimed that Syrah failed to provide proper graphite material samples from its Vidalia facility in Louisiana, which could lead to the cancellation of their supply agreement. Syrah denies being in default, but both companies decided to extend the deadline while they continue working together to solve the issue.