HEG Advanced Material's TACC Signs Global MoU for Synthetic Graphite Anode Supply

TACC (The Advanced Carbons Company), an LNJ Bhilwara Group company and a wholly owned subsidiary of HEG Advanced Material, has announced the signing of a non-binding Memorandum of Understanding (MoU) with a global lithium-ion cell manufacturer, for a proposed long-term supply of upto 40,000 tonnes of synthetic graphite-based Anode Active Material (AAM) for electric mobility applications.

Under the terms of the non-binding MoU, the two companies will work towards a progressive supply arrangement subject to further discussions and finalisation of technical and commercial requirements of both parties, with built-in scope for further scale-up as the Partner's cell manufacturing capacity expands.

Beyond material supply, the MoU sets down the in-principle discussion to explore research and custom material development, focused on advanced anode formulations designed to enable faster charging and higher energy density - two of the critical performance levers for next-generation electric vehicles.

Commenting on the development, Riju Jhunjhunwala, Chairman, TACC, said, "We have long understood graphite, and this partnership reflects the trust that global leaders are placing in our capabilities. It marks a significant step in our commitment to the global energy transition and to building a resilient, globally competitive battery materials value chain.”

Ankur Khaitan, MD and CEO, TACC, added, "This partnership is a strong endorsement of our capabilities, and our focus now is on turning shared intent into execution. We are committed to developing next-generation anode materials, driven by innovation and delivered with the consistency and quality that our partner expects.”