Flurry of Supply Deals as World Scrambles for Tomorrow’s Lithium

A flurry of activity between producers and buyers is underway to lock down supply agreements for years to come. While Chinese buyers are leading the way with deals all over the world, North American buyers including Elon Musk’s Tesla Motors are also securing all that they can as the world prepares for the electric vehicle (EV) revolution.

These deals are happening earlier and earlier in the process as well, with Tesla’s latest deal being signed with a plant that’s not even built yet. The same goes for Chinese lithium buyer, General Lithium Corp., which is now signed on to buy supplies from a future Canadian mine that’s not expected to generate revenue until Q4 of 2019.

The winners in all this are the lithium producers, both present and future. These are based all over the world, including Australian …View the full post at: Flurry of Supply Deals as World Scrambles for Tomorrow’s Lithium

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