NextSource Materials Appoints Industry Expert to Lead Global Anode Expansion

NextSource Materials Inc. has bolstered its management team by appointing Dr. Tilo Hauke as Executive Vice President of Downstream Operations, effective October 1, 2024. Dr. Hauke, who previously held senior positions at FREYR Battery and SGL Carbon SE, brings extensive experience in supply chain management and carbon & graphite products.

In his new role, Dr. Hauke will oversee the development of multiple Battery Anode Facilities (BAFs) for the production of graphite anode materials, crucial for lithium-ion batteries used in electric vehicles. These facilities, strategically located worldwide, will utilize proprietary anode processing technology to supply major EV automotive companies.

"We are excited by the huge scale of the opportunity presented by this rapidly growing market," stated NextSource President and CEO, Craig Scherba. He expressed confidence in Dr. Hauke's ability to advance the company's objective of becoming a vertically integrated global supplier of value-added graphite products.