Ford Unveils 3 Lithium Supply Deals For EV Push ...Middle East

Ford Motor Co has signed lithium supply deals with Albemarle, Nemaska Lithium, and EnergySource Minerals as the auto giant gears up to boost electric vehicle production to 2 million cars over the next two and half years.  The deals, announced on Monday, will see Ford buy 13,000 tons per year of lithium hydroxide from Canadian Nemaska Lithium, 100,000 tons per year from top miner Albemarle, and 20,000 tons per year from California-based EnergySource Minerals. Shares of Nemaska soared 6.25% in morning trading on Monday, Ford was up 0.86% and…

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