Graphite One gains after supply agreement with Lucid

Shares of Graphite One GPH.V up 3.5% at 90 Canadian cents

Company says it has entered into a second non-binding supply deal for anode active materials (AAM) with Lucid Group LCID.O

GPH says the initial term for the agreement is for 5 years, subject to earlier termination

The deal covers natural graphite AAM to be supplied to LCID and its battery cell suppliers for use in future vehicles, while the previous agreement announced in July 2024 involved synthetic graphite AAM

Including session's moves, GPH up 32.4% YTD