SYA 6.90% 3.1¢ sayona mining limited

General Discussion Topics, page-113952

  1. 17,523 Posts.
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    The only thing missing from the scenario below, is that Nemaska are not yet in production which they will be by the time Ford build their factory in Becancour.

    But will they be able to produce enough?

    “Ford Motor Company (“Ford”) has entered into a long-term agreement with Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. The agreement calls for the delivery of up to 13,000 tons of lithium hydroxide per year. The agreement also provides that prior to commencing delivery of lithium hydroxide produced in Bécancour, Nemaska Lithium will supply Ford with spodumene concentrate from its Whabouchi mine. Nemaska Lithium’s integrated project is planned to be the first one to produce lithium hydroxide in Québec.


    https://nemaskalithium.com/en/ford-and-nemaska-lithium-enter-long-term-lithium-hydroxide-supply-agreement/
 
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