Macquarie appointed to run the partner process as per below.A...

Macquarie appointed to run the partner process as per below.

A extract from an article on lithium processing but also relevant to graphite anode material:

The Biden administration’s Inflation Reduction Act includes credits of $US7500 ($11,252) per electric vehicle produced through non-China battery minerals supply chains.
The credits apply to battery minerals and chemicals mined and processed in countries with free trade agreements with the US, but not if a “foreign entity of concern” holds more than a 25 per cent stake in the mine or processing facilities.
The Inflation Reduction Act was having a profound effect on capital flow with an increasing number of downstream lithium processing assets being built outside China, which until now has dominated the space.

All of what is highlighted in the below box is pretty complex structuring which is why Macquarie are there.