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19 Jan
20:00

Hyundai signs long-term supply deal with Ganfeng Lithium

South Korea’s Hyundai Motor Group has signed a four-year supply agreement with China’s Ganfeng Lithium, giving the automaker access to a key lithium chemical. Through this agreement, Ganfeng will supply Hyundai with battery-grade lithium hydroxide products through 31 December 2027. Neither company disclosed the value of the deal, nor the annual supply volume. However, Ganfeng revealed that the actual purchase volume and sales amount remain “subje…
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