:A spike in demand for electric vehicles in the global markets is encouraging automakers such Tesla Inc, Volkswagen and Stellantis NV to secure raw materials needed for making batteries.TESLA 01-Mar-2022Core Lithium will supply up to 110,000 dry metric tonnes of Spodumene concentrate, a chief source of lithium, over four years, starting in the second half of 2023, from an Australian project.China's Ganfeng Lithium Co will supply battery-grade lithium for three years starting 2022.
08-Dec-2021 Belgian chemical firm Umicore will supply cathode materials for VW European battery cell factories under a joint venture with the carmaker. It will start production in 2025 with 20 gigawatt hours for VW's plant in Salzgitter, Germany.29-Nov-2021Preliminary deal with Vulcan Energy Resources for lithium produced using geothermal energy from Germany. Over five years starting in 2026, Vulcan will supply between 81,000 and 99,000 tonnes of battery-grade lithium hydroxide.
MoU with Terrafame, a Finnish nickel and cobalt miner, to supply nickel sulphate. Quantities and timeline not disclosed. BHP Group Ltd will supply nickel sulphate from Western Australia to a battery-making joint venture between Toyota Motor and Panasonic. Details were not disclosed.
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