The firm is aiming to shift to underground production next month, and maintains everything is on schedule
VW has team in place to sell battery arm stake, but operating losses may limit interest
Upstream ventures that could help build new non-China lithium supply chains for EV batteries inch forward
The firm is attempting to futureproof its battery supply chain
US OEM Ford has struck new deals to source lithium from projects in the US and around the world as it seeks to bolster its battery supply chain and ramp up production of EVs that are eligible for US subsidies.
The second-largest US automaker has signed agreements with three of the world’s largest lithium suppliers, Albemarle, SQM and Nemaska Lithium, and two US-based producers, Compass Minerals and Energysource Minerals, to supply the crucial battery metal for use in its battery manufacturing plants.
The firm is aiming to shift to underground production next month, and maintains everything is on schedule
VW has team in place to sell battery arm stake, but operating losses may limit interest
Upstream ventures that could help build new non-China lithium supply chains for EV batteries inch forward
New membranes promise a more environmentally friendly solution for brine
Insider Focus LTD (Company #14789403)
