piedmont lithium

Tesla Amends Lithium Supply Deal with Australia’s Piedmont

Piedmont Lithium Inc., an Australian lithium mining company headquartered in North Carolina, has amended its deal with Tesla to supply the electric vehicle (EV) maker with spodumene concentrate (SC6) — reports MarketWatch. Spodumene is a mineral that contains lithium, an integral component of the lithium-ion batteries used in EVs. In 2020, Piedmont struck a deal to […]

Tesla Signs Deal with Australia’s Piedmont Lithium

Piedmont Lithium and Tesla have signed a joint agreement for Piedmont to supply spodumene concentrate (SC6) for the electric vehicle (EV) company, as reported by AP News. The binding contract agrees upon a five-year term initially, in which Piedmont will offer Tesla a fixed price on purchase commitments. A clause also includes that the two […]