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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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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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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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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.

Financing 218
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How the Huawei Fight is Changing the Face of 5G

Cars That Think

Three years ago, Huawei was on the cusp of dominating the world's 5G infrastructure with equipment priced far below competitors. Huawei has said it would not comply with such a request and believes that it cannot be legally forced to do so. Huawei is slow in fixing their vulnerabilities.

Chinese 114
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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. THE APPROVAL PROCESS. The approval process for carbon offsets has two goals.

Carbon 255