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Liontown Resources shares rally as it snares Tesla lithium supply deal

Colin PackhamEnergy and resources reporter
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Liontown Resources will supply Tesla with more 100,000 tonnes of lithium spodumene concentrate a year in the West Australian mine’s second major contract in two months.

Tesla has moved aggressively in recent months to secure supply deals for rare earths as global competition intensifies ahead of an expected boom in demand for electric cars.

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Colin Packham is an energy and resources reporter at The Australian Financial Review Connect with Colin on Twitter.

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    Original URL: https://www.afr.com/companies/energy/liontown-resources-snares-tesla-supply-deal-shares-rally-20220216-p59wxj