Tesla, the American multinational automotive, artificial intelligence and clean energy company, has signed an agreement under which it will purchase Anode Active Material (AAM) from Tanzania.

This comes after Tesla signed a deal with a vertically integrated lithium-ion battery company, Magnis Energy Technologies Limited, and its Tanzanian subsidiaries Uranex Tanzania Limited (Uranex) and Magnis Technologies Tanzania Limited (MTT).

For more information, please see https://www.thecitizen.co.tz/tanzania/news/business/tanzanian-firm-signs-mining-supply-deal-with-elon-musk-s-tesla–4140770