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By Shane Lasley
Metal Tech News 

BMW secures $335M of lithium from Livent

Automaker continues to go to the mines for battery metals Metal Tech News – March 31, 2021

 

Last updated 7/10/2022 at 3:11pm

Livent Corp. Salar del Hombre Muerto salt lake Argentina lithium brine EVs

Livent Corp.

Livent uses a non-evaporation process to extract lithium from the Salar del Hombre Muerto salt lake in northern Argentina.

In a move to secure the lithium needed to power its e-mobility aspirations, BMW Group has entered into a deal with Livent Corp. to supply roughly US$335 million (285 million euros) worth of this vital battery metal beginning in 2022.

BMW Group plans to have about a dozen fully electric models on showroom floors and expects that battery EVs will make up more than half of its total sales by 2030....



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