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Monday, July 04, 2022 9:52:25 PM
FORD FOLLOWS TESLA PLAYBOOK WITH LIONTOWN LITHIUM DEAL
29th June 2022 Lithium
Ford has agreed to help fund and also buy lithium from a proposed mine in Australia, four months after a similiar deal by Tesla, in a sign the auto industry is becoming increasingly concerned about supplies of the battery raw material.
Ford said it would buy a total of 650,000 tonnes of spodumene concentrate over five years and also lend A$300 million ($207 million) to Australian-listed Liontown Resources, helping to fund the construction of the Kathleen Valley .
https://www.benchmarkminerals.com/membership/ford-follows-tesla-playbook-with-liontown-lithium-deal/
If THEIR IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG
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