South Africa, which could offer battery materials the downstream value-add consolidation advantage that the world’s electric vehicle original equipment manufacturers (OEMs) want, is being seriously considered for the role, NextSource president and CEO Craig Scherba said on Monday. Earlier this year, NextSource secured a $29.5-million financing package from Sir Mick Davis’ Vision Blue investment firm for the Molo graphite mining project in southern Madagascar. (Also watch attached Creamer Media video.)