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BMW secures $335M of lithium from Livent

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

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. As...


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