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22 Feb

BMW inks lithium hydroxide deal with Albemarle

German carmaker BMW Group has secured lithium hydroxide supply from US lithium giant Albemarle Corporation, crucial to ensuring its electric vehicle models are eligible to US subsidies. In a brief announcement, Albemarle says the definitive agreement signed with BWM Group is one of the company’s largest ever globally, and is “of significant volume and value.” The undisclosed deal ensures “multi-year” lithium delivery to BWM Group sta…
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