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Liontown Resources, LG Energy Solution Forge $250M Partnership To Secure Lithium Supply

Australian lithium producer Liontown Resources (OTC:LINRF) has signed a $250 million strategic partnership with South Korean battery producer LG Energy Solution. This strategic partnership aims to secure a steady supply of lithium, a critical material for electric vehicles and other green technologies. “Liontown is very pleased to formalize this strategic partnership with LG Energy Solution, one of the world’s leading battery producers, marking a significant milestone in our journey towards becoming a globally significant supplier of battery minerals as the world transitions to a low-carbon future,” stated Tim Goyder, Chairman of Liontown Resources. Now Read: Biden Administration Halts 211-Mile Ambler Road Project In Alaska To Protect Environment, Native Communities Under the new deal, Liontown will supply 700,000 tons ...