BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia
Green Car Congress
DECEMBER 11, 2019
The two companies have signed a 5-year (2020 - 2024) supply contract for the lithium needed as a key raw material for battery cells. Sustainability and security of supply are important factors in the expansion of electromobility. Ganfeng extracts lithium by mining hard-rock deposits in Australia under strict sustainability standards.
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