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Tesla signs battery material deal with China’s Ganfeng Lithium

Mon, 09/24/2018 - 11:54 -- John Shepherd
Ganfeng Lithium

China's largest lithium compounds producer, Jiangxi Ganfeng Lithium, has signed a deal to supply a fifth of its production to Tesla.

Under the terms of the agreement, Tesla will designate its battery suppliers to buy lithium-hydroxide products from Ganfeng, according to a Shenzhen exchange filing on 21 September.

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