Hyperdrive

Lithium Developer Liontown Adds Ford Pact After Deal With Tesla

Australia’s Liontown says supply deal to begin from about 2024
Ford unit to provide debt funding for project development

Rocks containing spodumene, a lithium raw material, sit in a stockpile prior to crushing at a lithium mine site in Australia.
Source: Bloomberg Creative Photos

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By David Stringer

June 28, 2022 at 11:18 PM UTC

This article is for subscribers only.

Liontown Resources Ltd. agreed to an initial five-year deal with Ford Motor Co. to supply lithium material from an Australian mine project that’s expected to begin production from 2024.

The plan to supply lithium-bearing spodumene from the Kathleen Valley project in Western Australia adds to earlier pacts sealed with Tesla Inc. and LG Energy Solution.