![New York City Officially Has Mechanical Garbage Trucks Now [Update]](https://www.jalopnik.com/img/gallery/new-york-city-officially-has-mechanical-garbage-trucks-now/l-intro-1749064637.jpg?#)
NextSource shifts BAF plans from Mauritius to Middle East
Toronto-headquartered NextSource Materials is pivoting its battery anode facility (BAF) strategy from Mauritius to the Middle East, seeking to capitalise on faster permitting, better infrastructure, and closer proximity to electric vehicle manufacturers, the company said Monday. The battery materials developer has terminated its lease agreement and withdrawn an environmental impact application for a proposed BAF in Mauritius, ending a multi-year effort to establish a facility there. NextSource cited delays and regulatory uncertainty for the decision, which it said would reduce financial exposure and allow for quicker deployment of its processing equipment elsewhere.
Toronto-headquartered NextSource Materials is pivoting its battery anode facility (BAF) strategy from Mauritius to the Middle East, seeking to capitalise on faster permitting, better infrastructure, and closer proximity to electric vehicle manufacturers, the company said Monday.
The battery materials developer has terminated its lease agreement and withdrawn an environmental impact application for a proposed BAF in Mauritius, ending a multi-year effort to establish a facility there. NextSource cited delays and regulatory uncertainty for the decision, which it said would reduce financial exposure and allow for quicker deployment of its processing equipment elsewhere.
