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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. Using today’s market pricing, the contract terms would deliver an SC6.0

Supplies 243
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Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

Green Car Congress

Wodgina, located in the Pilbara region of Western Australia, is a world-class hard rock lithium deposit, with an estimated mine life of more than 30 years. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15 billion, which Albemarle expects to fund with available cash and new credit facilities.

Australia 236
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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

Supplies 195
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Tesla signs 5-year lithium supply deal with Australia’s Liontown Resources: Report

Teslarati

Liontown will supply Tesla with Lithium Spodumene Concentrate from the battery metal company’s new AU$473 million ($338M) Kathleen Valley Lithium Project in Western Australia. A formula based on market prices for Lithium Hydroxide Monohydrate will decide the purchase price of the lithium supply.

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Rockwood Holdings to acquire Talison Lithium for C$724M

Green Car Congress

per share for an equity purchase price of approximately C$724 million, on a fully diluted basis (US$732 million). Earlier this month, Talison officially opened the expansion of the Greenbushes Lithium Operations, located in Western Australia. Specialty chemicals and advanced materials company Rockwood Holdings Inc. Earlier post.).

Financing 218
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Chinas Golden Concord Holdings and Linc Energy form underground coal gasification to GTL JV in China; 5% stake in Linc

Green Car Congress

Linc Energy and GCL have agreed to cooperate via an incorporated joint venture in the utilization of Linc Energy’s UCG to GTL process which Linc Energy has developed over the past five years at its Chinchilla site in Queensland, Australia. of Linc Energy's issued stock at an issue price of approximately A$4.50 Earlier post.).

Coal 210
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Ferrari SF90 XX Stradale and Spider PHEVs

EV Central

Though pricing for Australia hasn’t been announced, these new SF90s will likely sit in the $1.5 “Basically a racing car, road legal,” is how Galliera sums up the XX models. Buyers of top-end Ferraris always want more speed, noise and drama… and they’re prepared to pay for it. million bracket.

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