Ford inks deal to get lithium from controversial Nevada mine for EVs

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Ford Motor Firm is popping to Nevada for one more deal for its electrical automobiles, this time for buying lithium.

Ford signed an settlement with Ioneer Ltd., previously referred to as International Geoscience Restricted, to amass lithium from the Australian firm’s Rhyolite Ridge challenge in Nevada.

The deal requires Ioneer to produce Blue Oval SK, a joint battery enterprise between Ford and South Korean firm SK On, with 7,000 tons of lithium carbonate per yr from the Rhyolite Ridge mine in Esmeralda County. The quantity represents 34% of the lithium carbonate output of the mine over the five-year binding settlement interval lined by the deal.

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Ford’s Mannequin e electrical division and Ioneer touted the deal as a win for home lithium manufacturing.


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