GBM Signs LOI with LiBEST for Ex-China Graphite Anode Supply
Toronto – September 17, 2026 -- Global Battery Materials Corp. (GBM) has signed a non-binding Letter of Intent with South Korean battery manufacturer LiBEST to evaluate and potentially commercially supply natural graphite, coated spherical purified graphite (CSPG), and other anode materials sourced and processed entirely outside China.
LOI targets defence, AI infrastructure and EV supply chains
The agreement covers materials intended for energy storage, defence, AI infrastructure and electric vehicle applications, and is designed to support qualification pathways for GBM's anode materials across allied-government and defence-related supply chains. The LOI builds on a prior Memorandum of Understanding between the two companies that established a framework for battery materials testing, anode product development and participation in government programs.