TACC Limited, the Advanced Carbons Company and an LNJ Bhilwara Group company, has signed an MoU with a global lithium-ion cell manufacturer for the proposed long-term supply of up to 40,000 tonnes of synthetic graphite-based Anode Active Material (AAM) for electric mobility applications.
The agreement marks a significant step in TACC's push to strengthen its presence in the global battery materials supply chain as demand for advanced materials accelerates alongside the growth of electric mobility.
Under the proposed arrangement, the companies will work towards a phased supply programme, subject to further discussions and the finalisation of technical and commercial requirements. The agreement also provides scope to scale up supplies as the partner expands its cell manufacturing capacity.
The collaboration extends beyond supply commitments, with both companies exploring research and development (R&D) and the customised development of advanced anode materials. The focus will be on next-generation formulations designed to deliver faster charging and higher energy density — two critical performance requirements for future electric vehicles.
Commenting on the development, Riju Jhunjhunwala, Chairman, TACC Limited, 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 & CEO, TACC Limited, 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.”
The proposed partnership reinforces TACC's ambition to leverage its expertise in graphite to tap opportunities in the rapidly evolving lithium-ion battery ecosystem. However, the MoU remains non-binding, with the proposed supply arrangement subject to the completion of technical and commercial discussions.
