Ford has signed an agreement with Lake Resources for the supply of highly pure lithium from Argentina with which to build its EV batteries
Lake Resources focuses on clean, high purity lithium production for electric vehicle manufacturing and lithium-ion batteries.
The company’s flagship Kachi Project involves direct extraction technology for the development of sustainable, high-purity lithium and three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world’s lithium is produced.
This strategic partnership between Ford and Lake Resources coincides with its collaboration with Hanwa, announced on March 29 March this year, to fully develop a clean lithium supply chain to meet the global demand for electric vehicles.
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