Ford Partners with Suppliers of Lithium Battery Materials

This past week Ford announced deals with several different suppliers of EV lithium battery materials.

This past week Ford announced deals with several different suppliers of EV lithium battery materials, Reuters reports.

Albemarle Corp has agreed to supply Ford with 100,000 metric tons of battery-grade lithium hydroxide, which will be produced either domestically or from a country with a Free Trade Agreement with the United States. It is estimated to power 3 million batteries for Ford starting in 2026 and continuing through 2030.

The automaker also entered into an agreement for a five-year supply of lithium carbonate from Compass Minerals, produced at its lithium brine development project in Ogden, Utah. Up to 40% of the “planned, phase-one battery-grade lithium carbonate” created at the plant will go to Ford.

Nemaska Lithium will be supplying Ford with lithium products, including lithium hydroxide, with up to 13,000 tons of lithium hydroxide annually for an 11-year period. Ford will be the company’s first customer.

Lithium hydroxide will also be provided by EnergySource Minerals from their Imperial Valley, California plant, which is expected to launch production in 2025. Chilean lithium miner Sociedad Quimica Y Minera De Chile S.A. also entered into a long-term agreement with Ford.

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