Contemporary Amperex Technology Co. Ltd. (CATL) invests in a New Zealand-based company developing graphite made from forestry byproducts. According to the reports, the New Zealand-headquartered firm uses wood and other forestry residues as a feedstock to produce graphite intended for lithium batteries. The investment is described as part of CATL’s efforts to expand or secure upstream materials used in battery supply chains. Both outlets characterize the project as focused on converting forestry waste into battery-grade graphite, linking primary industrial waste streams with battery manufacturing inputs. The coverage does not provide additional operational details, investment size, or timelines. However, the reporting is consistent that CATL’s funding supports the New Zealand company’s graphite development and that the end use is lithium batteries. Overall, the news highlights cross-border cooperation between a major Chinese battery manufacturer and a New Zealand supplier working on graphite production from non-traditional raw materials.