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04 Jan
16:05

Piedmont Lithium to supply Tesla with Quebec lithium under variable pricing

Piedmont Lithium says it has amended its contract to provide spodumene concentrate from Quebec to US electric automaker Tesla Inc in a move that will likely force Tesla to pay more for lithium raw materials, Kallanish reports. The companies have mutually agreed to amend their previous offtake agreement to include variable pricing, not a locked-in price. The SC6 spodumene concentrate pricing will be determined by a formula linked to average market prices for lithiu…
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