Remove Australia Remove Price Remove Purchase Remove Supplies
article thumbnail

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
article thumbnail

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
article thumbnail

Magnis signs offtake agreement with Tesla for anode active materials; N. American production

Green Car Congress

Australia-based Magnis Energy Technologies has entered into a binding offtake agreement with Tesla for the supply of anode active materials (AAM) beginning in February 2025 with fixed pricing. Magnis is a vertically integrated lithium-ion battery technology and materials company in the Lithium-ion battery supply chain.

Tanzania 397
article thumbnail

Liontown Resources rejects US$3.7B acquisition proposal from Albemarle

Green Car Congress

Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at approximately US$3.7

Australia 259
article thumbnail

Piedmont Lithium amends agreement with Tesla; sourcing SC6 from Québec operation

Green Car Congress

Piedmont Lithium ( earlier post ) has amended its earlier agreement with Tesla to supply the US automaker with spodumene concentrate (SC6) from North American Lithium (NAL). North American Lithium is a brownfield open pit mining and spodumene concentrator operation in Québec owned 75% by Australia-based Sayona Mining and 25% by Piedmont.

article thumbnail

Phillips 66 taking 16% stake in synthetic graphite supplier NOVONIX; building US-based battery supply chain

Green Car Congress

Phillips 66 has entered into an agreement to acquire a 16% stake in NOVONIX Limited, an Australia-based company that develops and supplies synthetic graphite materials for lithium-ion battery anodes. This strategic investment enables Phillips 66 to directly support the development of the US battery supply chain.

Supplies 186
article thumbnail

Used Tesla Model 3 cars are selling for $91,000 in Australia

Teslarati

In Australia, used Tesla Model 3 cars are selling for $A130,00 ($91,000). Delivery wait times are so long that some customers would rather pay a premium over new prices , Bloomberg reported. Demand for Used EVs in Australia. ” “We have seen second-hand electric vehicles sell for auction over the original retail price.”.

Australia 106