AZS azure minerals limited

The Takeovers, page-11

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    Tony Rivera please see below companies which partnerships can be made........ you may call Elon Musk and Tesla executives for dialogue....

    Which lithium companies supply Tesla?

    It's important to understand that there is not only one company that supplies lithium to Tesla.

    At the end of 2021, Tesla inked a fresh three year lithium supply deal with top lithium producer Ganfeng Lithium (OTC Pink:GNENF,SZSE:002460). The Chinese company will provide products to Tesla for three years starting in 2022. Major miners Livent (NYSE:LTHM) and Albemarle (NYSE:ALB) also have supply contracts in place with the EV maker, and China’s Sichuan Yahua Industrial Group (SZSE:002497) agreed to supply battery-grade lithium hydroxide to Tesla back in 2020 for a period of five years.

    The company also holds deals with junior miners for production that is yet to come on stream. Liontown Resources (ASX:LTR,OTC Pink:LINRF) is set to supply Tesla with lithium spodumene concentrate from its AU$473 million Kathleen Valley project. The deal is for an initial five year period set to begin in 2024, conditional on Liontown starting commercial production by 2025.

    Core Lithium (ASX:CXO,OTC Pink:CXOXF) was previously in talks with Tesla to supply the car company with lithium from its Finniss project, but negotiations collapsed in October 2022. The lithium firm remains open to further dialogue with Tesla.

    In January 2023, Tesla amended its agreement with Piedmont Lithium (ASX:PLL,NASDAQLL), which is now set to supply the US automaker with spodumene concentrate from the past-producing North American Lithium operation — a project Piedmont is developing with Sayona Mining (ASX:SYA,OTCQB:SYAXF). Under the amended agreement, the ASX-listed company will deliver approximately 125,000 MT of spodumene concentrate to Tesla beginning in the second half of 2023 through to the end of 2025.

    Even though Tesla has secured lithium from all these companies, the EV supply chain is a bit more complex than buying lithium directly from miners. Tesla also works with battery makers, such as Panasonic and CATL (SZSE:300750), which themselves work with other chemical companies that secure their own lithium deals.

    What company makes Tesla’s batteries?

    Tesla is currently working with Japanese company Panasonic, its longtime partner, as well as South Korea’s LG Energy Solutions, the second largest battery supplier in the world. They supply the EV maker with cells containing nickel and cobalt.

    China's CATL has been supplying LFP batteries to Tesla for cars made at its Shanghai plant since 2020. It’s also been reported that BYD Company (OTC Pink:BYDDF,SZSE:002594) is supplying Tesla with the Blade battery — a less bulky LFP battery — which the car manufacturer has used in some of its models in Europe.





    For more information please see link below:

    https://investingnews.com/where-does-tesla-get-lithium/
 
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