LG Chem has signed a supply and investment deal with Piedmont Lithium for the supply of spodumene, enabling it to extract enough lithium to make batteries for 500,000 EVs
LG Chem said it expects to extract 30,000 metric tons of lithium hydroxide following the deal with Piedmonth Lithium, enough to support the production of batteries for 500,000 electric vehicles (EVs).
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