NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has garnered analyst coverage from Capital Access, who see the company as a potential leader in the vertically integrated supply of lithium-ion battery anode material for electric vehicles. The company’s Molo graphite mine in Madagascar boasts significant measured and indicated resources, allowing for expansion of production capacity from the current Phase 1 level of 17,000 tons per year to 150,000 tons per year. Additionally, NextSource’s planned Battery Anode Facility in Mauritius will position the company as one of the few able to supply processed graphite independent of China, which currently dominates the market.