Volkswagen and Ganfeng launch lithium cooperation
Volkswagen has signed a letter of intent with Ganfeng Lithium for the long-term supply of lithium for battery cells. It is planned that Ganfeng will supply the Wolfsburg-based company and its suppliers with lithium for the next ten years.
Tesla secures long term lithium hydroxide supply
The Chinese firm Ganfeng Lithium has signed an agreement with Tesla for the delivery of lithium hydroxide. The agreement runs from 2018 until 2020, with an option to extend for another three years. Ganfeng Lithium will deliver one fifth of their total lithium hydroxide stock to Tesla.