Tesla signed a 5-year lithium supply deal with Liontown Resources, which is expected to commence in 2024. Liontown will supply Tesla with Lithium Spodumene Concentrate from the battery metal company’s new $338 Million Kathleen Valley Lithium Project in Western Australia.

"Australian-based battery materials company Liontown Resources Limited is pleased to announce that it has entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate," announced the Australian company.

Source: Re-posted and Summarized from Maria Merano at teslarati.

My Take: Tesla is always really good at planning for their future needs.

Re Posted From: Tesla Signs 5 Year Lithium Supply Deal With Australias Liontown

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Tesla signed a 5-year lithium supply deal with Liontown Resources, which is expected to commence in 2024. Liontown will supply Tesla with Lithium Spodumene Concentrate from the battery metal company’s new $338 Million Kathleen Valley Lithium Project in Western Australia.

"Australian-based battery materials company Liontown Resources Limited is pleased to announce that it has entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate," announced the Australian company.

Source: Re-posted and Summarized from Maria Merano at teslarati.

My Take: Tesla is always really good at planning for their future needs.

Re Posted From: Tesla Signs 5 Year Lithium Supply Deal With Australias Liontown

Auto Helpers