Lithium-mining start up
Piedmont Lithium
and electric-vehicle giant
Tesla
have amended a deal that will give Tesla greater domestic supply of the metal that goes into EV batteries.
Tuesday, Piedmont (ticker: PLL) announced it and Tesla (TSLA) “mutually agreed” to amend a previous offtake agreement. Under the pact, Piedmont will deliver approximately 125,000 metric tons of spodumene concentrate to Tesla beginning in the second half of 2023 through the end of 2025.
Source: https://www.barrons.com/articles/tesla-ev-stock-piedmont-lithium-51672758164?siteid=yhoof2&yptr=yahoo