Mozambique: UK & US Subsidies Take Electric Car Battery Jobs Away From Mozambique

June 27, 2024
[Mozambique News Reports And Clippings] Workers in Vidalia, Louisiana, USA began producing anodes for lithium batteries for electric cars in February, using graphite from Balama, Cabo Delgado, mined by Australian company Syrah. In the same month, Syrah agreed a deal to produce identical anodes in Teesside Freeport in the northeast of England. Both projects are subsidised by the host government. The Freeport has generous tax and customs exemptions; the US is giving the Vidalia project a $220 mn grant, a $102 mn loan, and big tax abatements, as

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