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Tesla Secures 5-year Lithium Supply Deal Starting Next Year With Australia’s Liontown

Tesla Secures 5-year Lithium Supply Deal Starting Next Year With Australia's Liontown

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Tesla Inc (NASDAQ: TSLA) has secured a five-year agreement with Australia’s Liontown Resources to supply lithium spodumene concentrate to the Elon Musk-led electric vehicle maker. What Happened: Tesla will buy 100,000 dry metric tonnes (DMT) of the lithium concentrate in the first year and up to 150,000 DMTs annually thereafter, Liontown Resources said.

...read full article on Benzinga

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