NextSource Materials, the company operating the Molo graphite mine in Madagascar, announced this week the signing of a long-term lease agreement to set up its first Battery Anode Facility (BAF) in the Freeport Zone of Port Louis, Mauritius. . NextSource Materials Inc. Following a comprehensive process, the company signed a long-term lease agreement for the site and has completed engineering improvements to the plant. . NextSource, which is active in Madagascar, wants to invest more in processing. This is due to the increasing share of VRE in Mauritius' energy mix,as the country's energy trans tion to a low carbon economy gains mome g battery life are the primary requirements. Most of the time,the capital-intensive energy storage systems li -scale. .
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