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Australian miner signs China EV lithium supply deal

Fri, 05/03/2019 - 10:53 -- John Shepherd
Australian miner signs China EV lithium supply deal

Australian lithium producer Alliance Mineral Assets has signed an agreement with a Chinese producer of engines for electric vehicles (EVs) that paves the way to jointly produce and sell battery-grade lithium hydroxide.

Alliance said the non-binding memorandum of understanding with Jiangxi Special Electric Motor is to develop the terms on which the parties will cooperate in the 50-50 joint venture.

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