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FYI.Piedmont Lithium (ASX:PLL) on Wednesday outlined its updates...

  1. Crumble123
    1,384 Posts.
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    08/08/23
    20:36
    Post #: 69232099
    FYI.
    Piedmont Lithium (ASXLL) on Wednesday outlined its updates to the wording of a contract with US-listed and Elon Musk-run Tesla Inc. Piedmont and Tesla had already signed an agreement for the former to supply the latter with lithium spodumene. Piedmont Lithium is also listed in the US. That agreement was amended this week with the company dropping a fixed price clause and adopting the language of the spot market. Tesla will now buy spodumene concentrate from Piedmont in line with the current price of the EV battery feedstock as the market price for the commodity fluctuates.

    https://hotcopper.com.au/data/attachments/5492/5492152-1712974ac8e8846b7dda246fc2e9a7f3.jpg
    https://hotcopper.com.au/data/attachments/5492/5492168-e742045047361f795ce8206e78c623b8.jpg



    AGY Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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